Crypto market shows modest recovery after Trump pulls a TACO
Crypto markets found their mojo after President Trump appeared to hit pause on his tariff threats against eight European nations—this time over Greenland—sending top digital assets modestly into the green.
The episode has revived traders’ favorite acronym, TACO (“Trump Always Chickens Out”), shorthand for the belief that Trump’s toughest talk is often more leverage than law.
Summary
- Trump again insisted in a speech at the World Economic Forum that the U.S. will need to take Greenland for its national security.
- If foreign demand for U.S. Treasuries weakens, yields rise as a stress signal, which historically supports Bitcoin.
- The Crypto Fear and Greed Index has…
