🚀 The Greenland Pivot: Tariffs Scrapped
Just like that, the trade war is off. On Wednesday, Jan 21, Trump scrapped the 10% tariffs on 8 European nations that were set for Feb 1. The trigger was a new "framework" deal worked out with NATO in Davos, covering Greenland's critical minerals and Arctic security.
Crypto: The Risk-On Reset
The relief hit right away. $BTC, which had been testing the $90,000 support level with all the geopolitical tension, steadied up fast. With this major short-term macro worry gone, BTC could push back toward the $95k resistance as liquidity flows into risk assets again.
TradFi: The Relief Rally
Equities: Wall Street popped hard on the news. The Dow Jones surged over 700 points, and the tech-heavy Nasdaq climbed 1.5%.
Safe Havens: The fear trade reversed quickly. The US Dollar strengthened against the Japanese Yen, while Gold pulled back a bit from its recent all-time highs.
