$BTC For Trump, it's no longer a question of whether or not to fight, but rather bearing the costs regardless of whether he does or doesn't. The same goes for the market — as long as this conflict remains on the brink of escalation, what's being traded is not short-term sentiment, but rather the risks of high oil prices, reflation, and liquidity tightening.

Looking back at Bitcoin data, Trump's antics today have already affected $BTC. The $70,000 level that had held steady for quite a while couldn't withstand it and dropped directly to around $68,000. Now we'll need to watch the reaction from Asian investors after CME opens in the morning and American investors after U.S. stock market opens tonight. After daylight, a gap is likely to appear again.