At the collision point of France and India, digital gold reveals its true value: As the 72 billion euro tariff nuclear bomb from the U.S. and Europe sounds its fuse, global capital is pouring into the crypto world at the fastest pace in three years.
The truth about the trade war: The shrinking countermeasures reveal Europe's helplessness
Nuclear bomb turns into a dud:
The EU's countermeasure list has been cut from 95 billion euros to 72 billion, with the core conflict centered on agricultural products—The U.S. threatens a 17% tariff on EU agricultural products if no agreement is reached by July 9, and may even impose a full 20% tariff. This exposes two major vulnerabilities of the EU:
Economic fatigue: The German industrial report shows that U.S. policies have led to an 18% drop in EU steel production capacity and a 2.3 billion euro reduction in automobile exports;
Insufficient negotiating chips: Although the EU holds '7 trump cards' such as digital tax and financial decoupling, internal coordination is slow, forcing the tariff effective date to be pushed to July 14.
Capital votes with its feet:
European companies have already taken action—over 25% of Dutch investors have reduced their holdings in U.S. stocks due to policy uncertainty, with funds shifting to anti-inflation assets. During the escalation of the trade war, the correlation between Bitcoin and U.S. stocks soared to 0.62, but this time is different: sovereign nations are systematically incorporating crypto assets into reserves like Trump's 'digital gold strategy', reshaping their hedging logic.
Crypto market: Smart money has already positioned itself for three major trends
Goldman Sachs buying ETFs is not following the trend, but rather sensing cracks in the fiat currency system—As the third-largest shareholder of BlackRock's Bitcoin ETF, with a position of $23.8 billion, Goldman has secretly increased its holdings in Fidelity's FBTC and Grayscale's GBTC. Its head of digital assets candidly stated: Bitcoin ETFs mark the beginning of 'global liquidity repricing'.
Bitcoin: The 'digital treasury bonds' supported by institutions
Cost support: The current production cost of Bitcoin is about $89,000, higher than the spot price, forcing miners to clear out capacity due to losses, forming bottom support;
Whales locking up: Addresses holding over 1000 BTC are playing dead amid fluctuations, while holders of 10-100 BTC continue to buy the dip, leading to a consolidation of chips.
Ethereum: The undervalued 'European comeback card'
Despite ETH showing weakness, gas fees still reach 200 per transaction, but if the EU launches a digital tax to counter U.S. tech giants' annual revenue of 2.8 billion euros, it will force companies to adopt compliant blockchain. Ethereum's asset tokenization technology like RWA is the preferred testing ground for European financial institutions.
European concept coins: A clear indication catalyzed by policies
ADA: After Japan reduced taxes to 20%, expectations for its ETF listing have risen;
SOL: A high-performance public chain alternative from the EU, TPS exceeds 100,000 + single transaction fee 0.0001;
Last night, 420 million euros worth of stablecoins surged into exchanges, with SOL and ADA seeing a spike in European buying, indicating that regional capital has begun to seek safety.
There are no winners in this trade war—except cryptocurrencies.#美国加征关税 $BTC