Bitcoin and ether fall, then rebound as Trump retreats from Greenland tariffs

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Bitcoin and ether prices experienced a sharp decline followed by a rebound after news of Trump's retreat from imposing tariffs on Greenland, highlighting the correlation between cryptocurrency prices and macroeconomic headlines.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

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The sharp reversal showed how closely crypto prices remain tethered to macro headlines. Solana, XRP, Cardano and dogecoin followed a similar pattern of quick losses and partial recoveries

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Original article published by CoinDesk on January 22, 2026.
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