Bitcoin Slips Below Key Level After Trump Pushes for Greenland

Trump is tripling down on Greenland this week — but at what cost? To start the week, Bitcoin is dropping back below the key $94,000 level it just spent more than a month trying to shake.

Now, as Trump threatens the European countries that are defending Greenland, the EU is contemplating ways to retaliate against additional tariffs.

It’s like the beginning of 2025 all over again. But is another 30% collapse in store?

Trump’s Greenland Threat

President Trump kicked off the week by texting Norway’s prime minister that he’s no longer inclined to “think purely of Peace.” Why? Well, according to the text he sent to Jonas Gahr Store, it was because his country denied him the Nobel Peace Prize:

Dear Jonas: Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America. Denmark cannot protect that land from Russia or China, and why do they have a ‘right of ownership’ anyway? There are no written documents, it’s only that a boat landed there hundreds of years ago, but we had boats landing there, also. I have done more for NATO than any other person since its founding, and now, NATO should do something for the United States. The World is not secure unless we have Complete and Total Control of Greenland. Thank you! President DJT

Last week, a number of NATO allies sent troops to Greenland in what seemed to be a show of unity to defend Greenland’s sovereignty. Over the weekend, Trump responded by saying he would impose a 10% tariff on goods from eight NATO allies starting in February if they worked against the U.S. takeover, with the added threat of increasing them to 25% by June. (Keep in mind, that would come on top of existing export tariffs to the U.S., which sit at 10% for the U.K. and 15% for the EU.)

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That’s likely to make for a very awkward World Economic Forum in Davos this week. World leaders will be there for various speeches, including President Trump who is speaking on Wednesday morning.

As CNBC reports, the EU is now considering a trade “bazooka” known as the Anti-Coercion Instrument, or ACI, which could block access to the EU for American suppliers, limit imports and exports, or even throttle foreign direct investment.

With the stock market closed Monday, it’s hard to calculate the jitters investors may have now, but clearly the hit to crypto is indicative of the risk-off sentiment.

Gold and Silver Reclaim Record Highs

For all the talk of Bitcoin being digital gold, the real bona fide metal continues to lead. Silver’s incredible 140% surge over the last six months echoes that with an exclamation point.

Both notched all-time highs Monday as crypto sold off.

Considering Fundstrat Head of Digital Asset Research Sean Farrell warned a drop to $60,000 could be possible in Q1, we’d remind readers to take stock of portfolio sizing as tensions escalate on the trade front.

CoinShares data on Monday confirmed what the market seemed to be bracing for: It was a strong start to the week for inflows to digital asset products, but outflows surged to end the week. And yet, even with that, the $2.17 billion worth of net inflows was the strongest since October 2025.

NYSE Arms Itself for 24/7 Trading

The parent company of the New York Stock Exchange, Intercontinental Exchange, announced Monday it’s launching a tokenized stock trading platform to enable 24/7 trading. (Somewhat fitting the announcement comes when markets are closed.)

“NYSE’s new digital platform will enable tokenized trading experiences, including 24/7 operations, instant settlement, orders sized in dollar amounts, and stablecoin-based funding,” the company said in the release. “Its design combines the NYSE’s cutting-edge Pillar matching engine with blockchain-based post-trade systems, including the capability to support multiple chains for settlement and custody.”

The exchange noted it’s working with partners including BNY Mellon and Citigroup, but did not respond with any inkling as to which chains may likely be the first to see the action.

Voting Opens in Crypto Project of the Year

Spotlights on the top crypto projects will continue to roll out this week on Coinage — and a reminder that YOU get to crown the winner.

Load up on $COINAGE, $BAT, or hold a Coinage Caucus or Network NFT to have your voice heard and head to our Snapshot to vote.

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