Bitcoin moves back to $90,000 as Trump pulls tariff threat after 'productive meeting' with NATO chief
"The solution, if consummated, will be a great one for the U.S. and all NATO nations," said President Trump in a Truth Social post.
- President Trump said he had a "very productive meeting" with NATO Secretary General Mark Rutte regarding a deal over Greenland.
- He further said he would not be imposing threatened tariffs on EU trading partners.
- Markets rose across the board, with bitcoin re-taking the $90,000 level.
Crypto markets continue with an up and down day — this time up — after President Trump signalled progress on talks regarding the future of Greenland.
"Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region," said Trump in a Truth Social post. "This solution, if consummated, will be a great one for the United States of America, and all NATO Nations."
The president then said he would not be imposing the threatened tariffs on EU nations that were set to go into effect on Feb. 1.
Bitcoin
U.S. stocks pushed to session highs as well, with the Nasdaq and S&P 500 each climbing 1.3%. Precious metals, which had been seeing strong buying pressure as trade tensions bubbled higher, gave up earlier gains, with gold back to flat for the session at $4,770 per ounce.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
