Bitcoin nears $92,000 on Trump tariff threat; $8T European capital at stake
Bitcoin briefly approached $92,000 during early Asian trading after President Donald Trump threatened 10% import tariffs on eight European countries from February 1, with a possible rise to 25% by June if talks fail. With U.S. cash markets closed for a holiday, global futures and safe-haven FX moved, while gold jumped 1.5% and silver hit an ATH. European investors’ $8 trillion in U.S. assets has become a focal risk.