Trade war vibes are back 😬
After $TRUMP announced a 30% tariff on EU imports starting August 1, the EU fired back, threatening €72B in counter-tariffs if talks fail. That’s an $84B blow to transatlantic trade—and markets are watching 👀
EU’s Trade Commissioner Šefčović didn’t mince words:
> “If no deal, we respond—fast.”
📉 But here’s the twist: Bitcoin didn’t flinch.
$BTC still holds above $119K, up 283% YTD, showing strength while traditional markets brace for impact.
Why does this matter for crypto?
Trade wars = risk-off = volatility across all markets
BTC often benefits as a hedge against fiat drama
Past tensions (like US-China) fueled bullish BTC trends 🚀
What’s your take—will this heat fuel a new Bitcoin breakout or spook risk assets?
👇 Drop your thoughts and tag someone who trades both BTC & geopolitics.