Bitcoin Offers ‘No Haven’ From Trump’s Greenland Dreams

After an hour-long rambling address to the world’s leaders, US president Donald Trump assured them that he will not resort to force in order to take Greenland.

Trump claimed that Greenland should be owned by the US, as an ally against Russian or Chinese influences in the area. He did, however, backtrack on some of his more alarming rhetoric regarding military action. Trump said that he wouldn’t use force to seize Greenland which is itself an autonomous area of Denmark. He gave up plans to use tariffs as a way to force allies into supporting his acquisition plan.

In fact, he walked away Davos and a supposed “framework of a future deal.” BitcoinBTCThe news was received positively by the, who increased their earnings from $87,000 up to $90,000.

Some analysts are increasingly noticing the impact of the geopolitical tensions which have been increasing over the past month on Bitcoin.

Bitcoins are very high-risk, as Trump’s Greenland Plans show

The White House has been threatening to take over Greenland since the start of this year. By force, this would be akin to declaring war against Denmark, another NATO member.

Trump also threatened to impose additional tariffs of 25% on any country that opposes his plan to buy Greenland. Emmanuel Macron, the French President, sent Trump a personal message on Twitter. said, “I do not understand what you are doing on Greenland.”

Bitcoins’ price did not either. The price dropped from about $110,000 in the early days of November 2025, to less than $90,000. By November 21. In the years since, Bitcoin has struggled with breaking $90,000. Bitcoin has dropped to $88,000 from $96,000 in the last seven days.

Chris Beauchamp Chief market analyst of the investing and trading platform IG wrote In a January 19, 2009 newsletter “Cryptocurrencies offered no haven from the wave of selling that washed over global markets in response to Trump’s threat.”

“He said that” “Bitcoin’s run at $100K was stopped in its tracks last week, and while the $90,000 level has yet to be tested it looks like the recovery is on pause for now.” Greenland is a new situation that has been added. “what was an already busy week,” Coinbase, the largest crypto exchange withdrawing its support from a crypto framework bill. 

Related: US crypto market structure bill in limbo as industry pulls support

“Markets are waiting to see if the EU goes for a tough response that may simply escalate the situation, or opts for a back-channel approach,” “He said”

For the time being, cooler heads seem to have won out. Yesterday, Trump posted on Truth Social the outline for a new partnership:

Danish Foreign Minister Lars Løkke Rasmussen wrote On X “The day is ending on a better note than it began. We welcome that POTUS has ruled out to take Greenland by force and paused the trade war. Now, let’s sit down and find out how we can address the American security concerns in the Arctic while respecting the red lines of the [Kingdom of Denmark].”

Nigel Green deVere Group’s CEO, Nigel Green said: “But for markets. “a negotiated pause could limit immediate disruption, but uncertainty would persist because leverage has been established.”

“Transatlantic trade underpins confidence across global supply chains. Disruption there feeds into investment decisions, currency stability, and diplomatic alignment worldwide.”

Greenland, the global market, and Bitcoin may still be in trouble.

Tariffs are the “trade bazooka” Big Deals on Pause

As a result, certain trade agreements were already cancelled due to the belligerent rhetoric from Washington. The European Parliament cancelled an agreement that was in progress since July on Jan. 21.

The agreement is also called the “Turnberry proposals,” Trump had announced that he would reduce US tariffs for most European products from 30% to 15 percent. “Liberation Day” tariffs. The EU has agreed to invest more in the US, and to make efforts to increase US imports.

Bernd Lange was the chairman of the International Trade Committee in Parliament on Wednesday. said, “We have been left with no alternative but to suspend work on the two Turnberry legislative proposals until the U.S. decides to re-engage on a path of cooperation rather than confrontation, and before any further steps are taken.”

Macron, in an interview with Macron published before Davos suggested that Europe would respond to American aggression through the “trade bazooka,” ACI is the EU Anti-Coercion Instrument. This law will take 6 months for EU to activate, and would effectively close off European Markets from US. The US companies could suffer losses of billions.

Trump has suspended tariffs temporarily, but the policy of his administration on this issue remains unchanged. been He has become notoriously capricious from the start of his 2nd term.

Related: Risk-on assets? Trump tariffs lead to mass Bitcoin, crypto liquidations

The escalation in a US-EU Trade War could be as damaging to Bitcoin as before. Cory Klippsten was the CEO at Swan Financial Services, a Bitcoin-based financial services company, on Wednesday. said, “The biggest drag on Bitcoin price the past year has been tariffs […] That’s the drag on risk assets in general, and in particular [with] Bitcoin, there’s just uncertainty around what’s gonna happen.”

“If you had Trump being pro-Bitcoin and even just running all the grifts, and emoluments and self-enrichment on the crypto side, but absent tariffs, I still think you would have had a ripping Bitcoin price run in 2025.”

Market analyst Kshitiz Kapoor wrote At the end of this year, “macro pressure, tariffs, tightening liquidity, and shifting risk sentiment pulled price back. By year-end, Bitcoin never came close to those targets.”

“Lesson: Markets don’t move on conviction alone. They move on liquidity, positioning, and macro.”

Bitcoin’s adoption is increasing in many countries. It’s becoming more popular in the financial system of the world, but it is also more sensitive to the geopolitical forces that affect that system.

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