Last Monday morning, I witnessed a rather tense scene in the market — Bitcoin plummeted to $91,900 within just an hour, a nearly 4% drop. Then it recovered to around $92,800, but there was still a sense of worry.

At that time, I was monitoring other assets and noticed that gold and silver also surged sharply, while Nasdaq futures fell 1%. Clearly, something big was happening. It turned out that the main reason was geopolitical tensions — the EU is considering imposing a $93 billion tariff on imports from the US, in retaliation for Trump's threats of tariffs on Greenland.

So why did Bitcoin drop? It’s a natural reaction when investors are worried about global economic instability. When geopolitical tensions rise, people tend to sell off riskier assets first. But the market quickly stabilized again, showing that support levels are still quite solid.