<\/p>\n\n\n\n
Bitcoin fell sharply in Asian trading on Monday, giving back a portion of last week\u2019s gains after U.S. President Donald Trump\u2019s tariff threats against major European nations over Greenland rattled global risk sentiment.<\/p>\n\n\n\n
The world\u2019s largest cryptocurrency dropped 2.8% to $92,519 by 00:56 ET (05:56 GMT). While Bitcoin gained roughly 5% last week, it has now retreated well below those recent highs as investors moved away from speculative assets.<\/p>\n\n\n\n
The pullback came alongside broader weakness across the digital asset space, with several tokens seeing profit-taking after modest recoveries last week. Sentiment was further dampened by a delay in a long-awaited U.S. bill aimed at creating a regulatory framework for crypto. Lawmakers postponed discussions on the proposal following objections from industry figures, most notably Coinbase.<\/p>\n\n\n\n
Greenland Tariffs Shake Markets and Weigh on Crypto<\/strong><\/p>\n\n\n\n Trump said the United States will impose import tariffs of up to 25% on several European countries, including Denmark, France and the United Kingdom, until a deal is reached over Greenland. European leaders rejected the demands, with France reportedly preparing retaliatory measures.<\/p>\n\n\n\n The standoff sparked losses across global risk-driven markets, with investors increasingly worried about a deeper transatlantic rift and even the stability of NATO. Trump has repeatedly argued that Greenland is vital for U.S. national security and has not ruled out military action, a threat that carries added weight after the U.S. incursion in Venezuela earlier this year.<\/p>\n\n\n\n While tariffs and geopolitics do not directly affect crypto fundamentals, they erode the risk appetite that speculative assets depend on. Trump\u2019s trade threats throughout 2025 repeatedly triggered risk-off moves in digital markets. This time, investors again favored traditional safe havens such as gold over cryptocurrencies.<\/p>\n\n\n\n Liquidations Surge as Long Positions Unwind<\/strong><\/p>\n\n\n\n The sharp shift in sentiment sparked heavy liquidations across crypto markets. About $869.5 million in positions were wiped out over the past 24 hours, according to Coinglass data. Most of the losses came from long positions, with Bitcoin alone accounting for roughly $229.5 million. Ether and Solana saw liquidations of about $154.6 million and $60.5 million, respectively.<\/p>\n\n\n\n The wave of selling erased much of last week\u2019s modest recovery and underscored how fragile sentiment remains across the sector.<\/p>\n\n\n\n Altcoins Follow Bitcoin Lower<\/strong><\/p>\n\n\n\n Major altcoins moved broadly in line with Bitcoin\u2019s decline. Ether fell 3.5% to $3,199, while XRP dropped 4.7% and slipped below $2. Solana sank 6.6%, with Cardano and BNB losing 7.8% and 2.3%, respectively.<\/p>\n\n\n\n Memecoins were also hit hard. Dogecoin slid 7.4%, while the $TRUMP token fell 6.4%.<\/p>\n\n\n\n The moves highlight how quickly geopolitical shocks can ripple through crypto markets, especially at a time when investor confidence remains fragile and regulatory uncertainty persists.<\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin fell sharply in Asian trading on Monday, giving back a portion of last week\u2019s gains after U.S. President Donald Trump\u2019s tariff threats against major European nations over Greenland rattled global risk sentiment. The world\u2019s largest cryptocurrency dropped 2.8% to $92,519 by 00:56 ET (05:56 GMT). While Bitcoin gained roughly 5% last week, it has …<\/p>\n","protected":false},"author":9,"featured_media":100103,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-122779","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=122779"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122779\/revisions"}],"predecessor-version":[{"id":122780,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/122779\/revisions\/122780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/100103"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=122779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=122779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=122779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}