🌍 Breaking: Trade War Averted? #TrumpCancelsEUTariffThreat
The geopolitical "risk-off" clouds are parting! President Trump has officially walked back his threat of a 10% tariff on the UK and seven EU nations (Denmark, France, Germany, and others) that was set to hit on Feb 1st.
Why this matters for Crypto:
Risk Appetite is Back: The threat of a 2026 trade war over Greenland sent the S&P 500 and BTC into a temporary de-risking phase earlier this week. With the "framework deal" announced in Davos, we’re seeing a classic "buy the news" reaction.
BTC Holding Strong: Bitcoin is hovering around the $90,000 mark. For traders, this de-escalation reduces the "Macro FUD" that was weighing on the $100k push.
Volatility Watch: While the "Golden Dome" missile defense talks continue, the immediate threat of a 25% tariff hike in June is off the table for now.
📊 Market Outlook
Institutional buyers often look for stability. With the EU-US trade deal (the "Turnberry Deal") no longer on ice, expect to see renewed liquidity moving back into high-beta assets.
The Strategy: Keep an eye on the $90k support flip. If the market digests this news as a green light for global trade, we could see $BTC regain its bullish momentum toward the six-figure milestone.
What do you think? Is this a temporary relief rally, or is the path to $100k finally clear? 🚀📈
#TrumpCancelsEUTariffThreat #bitcoin #Macro #CryptoNews #BinanceSquare
