Trump’s Tariffs Play Is Back, but Crypto Traders Fade Greenland Takeover
Prediction markets indicate just a 20% likelihood of a U.S. annexation of Greenland this year, despite former President Trump's threats to impose 25% tariffs on Europe for opposing the move. Analysts caution that such markets often lack precision in geopolitical forecasting.
The potential tariffs have sparked short-term market jitters, but most observers expect limited lasting impact. bitcoin and other major cryptocurrencies remain largely insulated from the political noise, with their long-term trajectories still driven by macroeconomic factors and institutional adoption.
Market participants appear more focused on crypto's fundamental drivers than geopolitical theater. As one trader noted, 'Blockchain markets operate on different cycles than election-year posturing.'
