#特朗普向欧洲实施关税措施 These days, everyone's eyes are on the movements of $BTC and $ETH, mainly to see what chain reaction Trump's latest tariffs on Europe might trigger. Trade wars often have a ripple effect, and changes in global liquidity inevitably impact the performance of crypto assets. However, many overlook this perspective — tariff shocks → USD fluctuations → safe-haven capital flows → digital currency price changes. This chain is quite worth pondering. Especially among institutional investors, their sensitivity to macro policies is much higher than that of retail investors.