Tariff Delay Brings Brief Relief to Crypto Markets

Trade tensions that had weighed on global markets eased temporarily after talks between Trump and NATO Secretary General Mark Rutte. Trump said discussions were underway on a framework agreement covering Greenland and the Arctic region and announced that new tariffs scheduled for February 1 had been put on hold, prompting a brief positive reaction in crypto markets.

Following the announcement, Bitcoin climbed above the 91,000 dollar level but the move proved short lived. Selling pressure soon returned, pushing prices back into a more balanced trading range and highlighting a buy the rumor sell the fact dynamic.

Ethereum showed a similar pattern, briefly reclaiming the 3,000 dollar level before losing momentum. At the same time, roughly 713 million dollars exited U.S. based spot Bitcoin and Ethereum ETFs in a single day, while more than 1 billion dollars in positions were liquidated within 24 hours, underscoring that volatility and risk sensitivity remain elevated.