CoinWorld News reports that on January 21, "BTC OG Insider Whale" agent Garrett Jin posted on social media stating that attributing Ethereum's short-term decline to the Greenland incident lacks solid evidence. Garrett Jin believes that the decline in the US stock market is mainly due to internal rotation within the technology sector. Meanwhile, on Tuesday, global asset declines were more caused by a global bond sell-off. On the other hand, Bessent, together with the Japanese Finance Minister, took measures to stabilize the Japanese and US bond markets. Trump has also begun to soothe the stock market.
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CoinWorld News reports that on January 21, "BTC OG Insider Whale" agent Garrett Jin posted on social media stating that attributing Ethereum's short-term decline to the Greenland incident lacks solid evidence. Garrett Jin believes that the decline in the US stock market is mainly due to internal rotation within the technology sector. Meanwhile, on Tuesday, global asset declines were more caused by a global bond sell-off. On the other hand, Bessent, together with the Japanese Finance Minister, took measures to stabilize the Japanese and US bond markets. Trump has also begun to soothe the stock market.