claiming that President Trump has "cancelled" EU tariffs, killing off a potential "black swan" event and unleashing a massive bull run for Bitcoin ($BTC) and Ethereum ($ETH). It frames the news as a game-changer: trade war fears evaporate, the US dollar weakens (boosting crypto), liquidity floods back into risk assets, bears get trapped, and shorts face a squeeze.
In reality, recent developments (around mid-to-late January 2026) show Trump did back down on a specific set of threatened tariffs. These were targeted at several European countries (including Denmark, Norway, Sweden, France, and others) linked to his push for US influence or a "deal" involving Greenland and Arctic/NATO matters. He announced a "framework" agreement, paused or canceled the planned February 1 tariffs (around 10% on goods from those nations), easing immediate trade tensions. This wasn't a broad cancellation of all EU tariffs or a full trade war averted in the classic 2018–2019 sense, but it did remove a fresh source of uncertainty.
Markets reacted positively overall:
European stocks rose on the relief.
US equities saw gains in a "relief rally."
Bitcoin, which had dipped (briefly below $88,000–$92,000 amid earlier tariff jitters), rebounded toward $90,000 and hovered in that range or slightly above in recent sessions, with some reports noting a 3% jump post-announcement.
However, this isn't the ultra-parabolic "green light" or instant death of the black swan that the post describes. Crypto remains volatile—Bitcoin has been trading around $90,000–$92,000 levels recently, with ups and downs tied to broader macro factors (Fed policy, institutional flows, etc.). The dollar's movement hasn't dramatically crashed as predicted; instead, the relief has supported risk assets modestly without triggering a massive liquidity unlock from Europe yet.
The post's tone is classic crypto Twitter/X hype: bold claims, emojis, numbered domino effects, and a call to double down on BTC/ETH. It's bullish sentiment amplified for engagement (including a poll on the "Trump Effect"). While the tariff pause is genuinely positive for global trade sentiment and removes one headwind, it's not a guaranteed "parabolic" trigger. Crypto bulls are riding the momentum, but sustainable moves depend on follow-through like clearer policy, ETF inflows, and no new surprises.
