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I remember, on Monday morning, there was a serious Bitcoin crash in the crypto market. Bitcoin dropped 3.79% in an hour, falling from $95,500 to $91,900, although it then recovered slightly to $92,800. Meanwhile, gold and silver, on the contrary, broke upward and reached all-time highs. It's interesting to observe such divergences.
It turns out, this was not just a random drop. Over the weekend, Trump threatened tariffs on Greenland, which triggered a wave of concerns. Several European countries began considering retaliatory tariffs on American goods worth about 930 billion euros. The risk of a trade war clearly affected investor sentiment.
On the same day, Nasdaq futures fell by 1%, confirming the overall decline in risk assets. When political uncertainty rises, traditional assets like gold become more attractive, while crypto catches a wave of selling. Bitcoin crashes on days like these are almost inevitable.