Why Did Bitcoin and Gold React Differently to Trump's Tariff Announcement? - Analysis

2026/01/20 14:21 (Updated 2026/01/21 05:00)
CoinPost
Written by Enzo
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Why Did Bitcoin and Gold React Differently to Trump's Tariff Announcement? - Analysis

Tariff Announcement and Market Response

On January 17th, President Trump announced a 10% tariff starting February 1st on eight countries including Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, with an increase to 25% by June 1st unless an agreement on acquiring Greenland is reached.

Following this announcement, Bitcoin (BTC) fell by 3% to around $92,000. Within 24 hours, $875 million in cryptocurrency positions were liquidated.

This drop is consistent with past patterns. For instance, when a 100% tariff on Chinese goods was announced in October 2025, $190 billion in leveraged positions...

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Iolite Vol.18

Iolite Vol.18

March 2026 issueReleased on 2026/01/30

Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30
Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more