Bitcoin drops over 3% in one hour! Tariff dispute triggers market fluctuations, with gold, silver, and stock indices rising together.

robot
Abstract generation in progress

【CryptoWorld】On Monday morning, the cryptocurrency market experienced significant volatility. Bitcoin plummeted 3.79% within just one hour, dropping from $95,500 directly to $91,900, then partially recovered to around $92,800. This sharp decline is not an isolated event—looking at traditional markets, the spot gold and silver markets tell a different story, with prices opening sharply higher and hitting new all-time highs. The Nasdaq futures also declined by 1%.

The trigger behind this movement points to geopolitical tensions. Over the weekend, Trump issued tariff threats regarding Denmark’s autonomous territory, Greenland. Subsequently, several EU countries began to formulate countermeasures, with reports suggesting possible tariffs on US exports worth €93 billion. Such trade frictions often increase the appeal of safe-haven assets like gold and silver, while putting pressure on risk assets—it’s no surprise that Bitcoin was affected at this juncture. Market sentiment is still watching policy developments, and further volatility is expected.

BTC-2,57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
TokenVelocityvip
· 6h ago
Here we go again, tariffs are truly the killer in the crypto world. Gold has hit new highs, while BTC is still taking hits, it's hilarious. Whenever Trump opens his mouth, the market explodes; this rhythm is really hard to sustain. The surge in safe-haven assets is quite ironic, indicating everyone is panicking. With such high volatility, staying calm during the bottoming phase is essential. 930 billion euros in tariffs—if this fight continues, the crypto space won't be spared. Gold and silver have already moved, but Bitcoin is still here, which is quite interesting. With such poor policy expectations, it's better to stay cautious in the short term.
View OriginalReply0
MeaninglessApevip
· 6h ago
Once again, tariffs are to blame. Gold soars to the sky while Bitcoin crashes down. This show is really well performed.
View OriginalReply0
AirdropBlackHolevip
· 7h ago
Dropped again and again, this guy Trump really is a market maker Bitcoin got hammered this time, but gold is on the rise. Smart money is still fleeing to safe havens Even Greenland can be brought up, it's really outrageous
View OriginalReply0
CoffeeOnChainvip
· 7h ago
It's Trump causing trouble again. Gold soars to the sky while Bitcoin gets hammered—this logic is truly amazing.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)