Here we go again! A tariff bluster, and the cryptocurrency market evaporates $450 million? This time, it's the EU that gets ripped off. Just when the market thought the beautiful country was going to 'let it slide', Trump suddenly fired back, directly threatening to impose a 50% tariff on the EU. His statement, 'The EU exists just to fleece us', caused the global market to flip instantly. What happened? Bitcoin dropped directly from 111,000 to below 109,000, even the recently soaring bull market was abruptly halted. Altcoins suffered even worse, with Trump's own meme coin plummeting 15%, aptly named 'dad's dump'. Data shows that nearly 150,000 people were liquidated in one day, with a liquidation amount reaching as high as $450 million. This isn’t the first time. Last time he initiated a global trade war, Bitcoin fell to 75,000, hitting a 5-month low; this time, with a 'knife' aimed at the EU, the market was once again awakened: geopolitical risks are the biggest gray rhino in the crypto market. Just a few sentences can make the market plunge, this is the reality of political risk.