The post Is a global tariff war triggering the sell-off? appeared on BitcoinEthereumNews.com.

Crypto prices crashed on Monday morning, with the total crypto market cap dropping 2.4% to $3.2 trillion as investor sentiment further deteriorated amid fresh tariff war concerns. Summary Crypto prices fell as trade relations between the U.S. and the EU deteriorated. The delay in progress around a key crypto market structure bill has also reduced investor appetite. Bitcoin has lost a critical support level. Bitcoin (BTC), the world’s largest crypto asset, dropped 3% to nearly $92,250 on Monday morning Asian time, before settling a little higher at $92,739 at press time.  Ethereum (ETH) was down 3.1%, trading at $3,200, while other large-cap altcoins such as BNB (BNB), XRP (XRP), Solana (SOL), and Dogecoin (DOGE) posted losses between 3 and 8% in the past 24 hours. Some of the top laggards were Ondo (ONDO), Aster (ASTER), and Sui (SUI), marking losses of around 10% each. Crypto prices fell as the crypto market experienced over $783 million worth of bullish bets being erased from the futures market over the last 24 hours. The majority of this came within the first 12 hours, according to data from CoinGlass. Analysts believe the renewed volatility could have been triggered by investors rotating their capital into safer assets such as Gold and Silver after U.S. President Donald Trump threatened EU nations, including Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland, with escalating tariffs starting at 10% from Feb. 1 should they oppose the annexation of Greenland into the American nation. These levies could reportedly escalate to 25% by June if no agreement is struck. The European Commission and regional leaders, for their part, have called the move blackmail and countered with their own retaliatory measures against the U.S., including potential duties on 93 billion euros worth of American exports. Geopolitical tensions of…

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Filed under: News - @ January 19, 2026 11:28 am