#特朗普取消对欧关税威胁 Trump Eases Tariffs on Europe, Global Political, Economic, and Crypto Markets Enter a New Phase of Linkage!

Recently, the global political, economic, and financial markets have shown multiple signs of change. On one hand, the Trump administration is adjusting its strategy toward Europe, reaching a cooperation framework with NATO on Greenland and the Arctic, and canceling tariff threats; on the other hand, the crypto asset sector is seeing frequent moves, with institutional deployments, industry leaders' predictions, and regulatory breakthroughs all making efforts. Coupled with expectations of Federal Reserve personnel changes, the market is entering a critical period of multiple variables intertwining.
On the geopolitical front, the Trump administration's attitude toward Europe has noticeably softened, temporarily cooling the game over Greenland. On January 21, local time, Trump announced in Davos that he had reached a "future agreement framework" with NATO Secretary General Stoltenberg on cooperation regarding Greenland and the Arctic region, simultaneously canceling the tariff threat originally scheduled to take effect on February 1 against eight European countries. This shift does not mean the U.S. is abandoning its core demands but rather shifting from "tariff coercion" to "framework negotiations." Trump repeatedly emphasized Greenland's strategic importance to the U.S. "Golden Dome" missile defense system, while also listing security and minerals as two core interests.
It is worth noting that this framework resembles more of a "directional roadmap" rather than a concrete agreement. Earlier reports indicated that NATO discussions involved Denmark ceding sovereignty over a small part of Greenland to the U.S. for military bases, similar to the UK’s military base model in Cyprus. However, NATO Secretary General Stoltenberg later clarified that the talks did not involve sovereignty issues. The current consensus is to shift the focus from sensitive territorial transactions to Arctic security cooperation and mineral development. The U.S. is more likely to achieve its goals by expanding existing military bases and gaining access to mineral development rights rather than directly touching sovereignty red lines.
In terms of implementation difficulty, subsequent steps still need to pass through "detailed clause refinement," "mutual recognition by Denmark and Greenland," and "balancing trade costs between Europe and the U.S." These are essentially temporary "band-aid" compromises, with long-term strategic negotiations just beginning.
On the crypto market side, institutional optimism aligns with actual deployment. Ark Invest released a report on January 21 with a startling prediction: by 2030, the total global cryptocurrency market cap could reach $28 trillion, with Bitcoin's market cap expected to hit $16 trillion, corresponding to a price of about $761,900 per Bitcoin—an increase of over 765% from the current $88,000. The core logic of this forecast is the strengthening of Bitcoin's "digital gold" attributes. As spot ETFs become more widespread, and corporate holdings increase, institutional participation continues to grow, gradually making Bitcoin a mainstream institutional asset.
Data supports this trend: by 2025, the proportion of U.S. spot Bitcoin ETFs and corporate holdings relative to circulating supply is projected to rise from 8.7% at the start of the year to 12%. ETF holdings are expected to increase from 1.12 million to 1.29 million coins, while corporate holdings could surge by 73%, from 598,000 to 1.09 million coins. However, the report also adjusted two key assumptions: first, due to last year's 64.5% surge in gold market value, the projected market size of digital gold was raised by 37%; second, influenced by the proliferation of emerging market stablecoins, Bitcoin's safe-haven asset status in these regions was downgraded, making the overall outlook more rational.
At the corporate level, efforts to deploy Bitcoin assets are accelerating. U.S.-listed Bitcoin treasury company Strive announced plans to issue Series A perpetual preferred shares to raise $150 million, with funds to be used for debt repayment, Bitcoin purchases, and related products. This financing follows shareholder approval of the Semler Scientific acquisition. If the acquisition proceeds smoothly, Strive will add over 5,000 Bitcoin reserves, increasing total holdings to 12,798 coins, further strengthening its crypto asset portfolio. The synergy between crypto and AI infrastructure has become a new hotspot in the eyes of industry leaders.
"Creative Winner" star investor Kevin O’Leary revealed that 19% of his investment portfolio is allocated to crypto-related assets and infrastructure. He has acquired 26,000 acres of land to build low-power consumption data centers for leasing to Bitcoin mining and AI data centers. In his view, power contracts and infrastructure have more long-term value than tokens, and he predicts that nearly half of announced data centers will "never be built." Regarding the token market, his perspective is quite sharp: institutional funds only recognize Bitcoin and Ethereum, while other altcoins have fallen 60%-90% from their peaks and are unlikely to recover. He also believes that the implementation of U.S. stablecoin yield regulation will be a key point for large-scale institutional entry. This judgment aligns with current AI development trends—global demand for AI computing power is soaring, data centers consume high amounts of electricity, and green, low-power infrastructure is becoming a necessity.
The integration of traditional finance and blockchain is also seeing new breakthroughs. F/m Investments, an ETF issuer managing $18 billion in assets, is applying to the SEC to become the first stock tokenized ETF issuer, planning to tokenize shares of its U.S. 3-month Treasury bond ETF (TBIL) on a compliant blockchain ledger. Unlike ordinary digital tokens, these tokenized shares will retain the original CUSIP code, enjoy the same rights and terms, and strictly comply with the 1940 Investment Company Act. This effectively adds a blockchain "layer" to traditional funds. If approved, it will set an important precedent for the tokenization of traditional financial assets. Additionally, uncertainty remains in U.S. monetary policy. Trump recently stated his hope for the reappointment of the White House National Economic Council Director, Brian Deese, and the Federal Reserve chair candidates have been narrowed down to two or three, with the final choice likely already locked in. As the global "weather vane" of monetary policy, the Fed chair's appointment directly influences interest rate trends and asset pricing. The subsequent developments will continue to impact market sentiment.
From geopolitical cooling to crypto market heating, from cross-sector attempts in traditional finance to infrastructure positioning, the current global market is in a dual adjustment period of political, economic, and financial ecosystems. Institutional optimism about crypto assets, the digital transformation of traditional finance, coupled with geopolitical and monetary policy variables, will jointly shape the market trajectory in the coming period.