Trump’s Tariff Tsunami 🚨 Bitcoin’s Brave New World! 🐍

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Just when the world thought it had mastered the art of calm, the Trump administration swooped in like a rogue penguin on a rollercoaster! 🐧🎢

President Trump, the king of tariffs, declared war on eight European nations, including Denmark, Norway, and a few more countries that probably didn’t see it coming. 🇩🇰 🇫🇷 🇩🇪

Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland-because who doesn’t love a good list of countries with a 10% tax on their goods? 🤷‍♂️

In his Truth Social platform, Trump said, “We’ve been subsidizing Denmark and the EU for centuries… Now it’s time for Denmark to give back-world peace is at stake!” 🌍💸

He added, “After centuries, it’s time for Denmark to give back-World Peace is at stake!” 🇩🇰💣

Additionally, Trump also added a clear warning that if the U.S. does not reach a deal to buy Greenland by 1st June, those tariffs will rise sharply to 25%-because nothing says “friendship” like a 25% tax. 🏴‍☠️

The crypto market faces Trump’s tariff jolt

Needless to say, markets reacted like a group of startled penguins-rushing to safe assets like gold and silver. Gold hit $4,667 an ounce, while crypto struggled. 🐧💸

According to real-time order flow, over $4 billion in BTC was offloaded in a single hour of trading, suggesting a “coordinated dump” rather than a spontaneous retail panic. Because nothing says “coordinated” like a group of traders with a shared sense of doom. 😂

The selling pressure was heavily concentrated among market makers and major exchanges. Insiders led the activity, selling a total of 22,918 BTC, followed by market maker Wintermute with 4,191 BTC. 🤯

Large exchanges also contributed significantly, with Bybit selling 3,339 BTC, Coinbase offloading 2,417 BTC, and Binance selling 2,301 BTC. Because even crypto exchanges have their own drama. 🏦📉

Token’s price action

On the price front, Bitcoin [BTC] struggled to hold the $93,000 support level, dropping 2.26% after failing to reclaim the $95,000 psychological barrier. 📉

Whereas, altcoins faced a steeper decline: Ethereum [ETH] slipped to $3,209.81 after a drop of 3.23%, and Ripple [XRP] fell to $1.97 after a drop of 3.95% in the past 24 hours. 🐍

Additionally, Solana [SOL] led the losers among majors, plummeting 6.08% to $133.78 in the same period. Because even the big names aren’t immune to chaos. 🤯

This broad sell-off wiped 2.51% off the global crypto market cap, bringing it down to $3.14 trillion as per CoinMarketCap. 📈

The technical dichotomy

Interestingly, despite the localized panic, the underlying technical structure for Bitcoin remained surprisingly resilient. On the daily timeframe, both the MACD and RSI are currently holding above their respective neutral lines. 🚀

The current drop is a correction within a bull market rather than a total trend reversal. That said, the average RSI across the broader market has hit 38.04, signaling that the market is technically oversold. 📉

Historically, these levels often precede a relief rally once the initial news shock is absorbed. 🌈

Bitcoin dominance remained a healthy 59.74%, indicating that capital is retreating to BTC rather than exiting the ecosystem entirely. 🏆

Sentiment check

In conclusion, despite the $4 billion dump, the Fear and Greed Index sat at 45 at press time, in neutral territory. 🤔

Looking back, a similar pattern happened back in October 2025, which wiped $700 million off the crypto market cap in under 24 hours. Thus, for now, the $93,000 support level is the line in the sand. 🚩

A break below this, fueled by further Greenland rhetoric, could see a retest of the $87,000 liquidity zone. 🧭

Final Thoughts

  • The market is correcting, not collapsing, but narrative volatility remains the dominant force. 🧠
  • Neutral sentiment signals disbelief rather than panic, implying that institutions are waiting for clarity, not abandoning crypto. 🧭

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2026-01-19 20:42