Bitcoin (BTC) and Ethereum (ETH) Rebound After Trump's Greenland Tariff Retreat

Bitcoin (BTC) and Ethereum (ETH) experienced a sharp decline followed by a swift recovery in market value. This volatility coincided with former President Donald Trump's decision to retract proposed tariffs on Greenland. Market analysts observed a direct correlation, suggesting that the reduction in geopolitical trade tensions provided a catalyst for the crypto rebound. The incident highlights the continued sensitivity of major cryptocurrencies like BTC and ETH to global macroeconomic and political announcements. Traders are now monitoring for further policy shifts that could impact digital asset liquidity and investor sentiment in the near term.