Following a productive meeting with NATO Secretary General Mark Rutte and receiving sufficient assurances about a favorable deal on Greenland, Trump has withdrawn the tariffs that he had imposed on eight European countries. The announcement has had positive implications in the global market, with Bitcoin climbing back to the $90,000 mark.
Trump posted on Truth Social that the US, in association with NATO, has established a framework to address Greenland and the entire Arctic region. Trump hopes that the newly formed framework will benefit the US and all other NATO nations. He said that he is not going forward with the tariff imposition, which was previously scheduled to happen from February 1.
With Trump’s announcement about not implementing tariffs on eight European countries, namely Denmark, Finland, France, Germany, Sweden, the Netherlands, Britain, and Norway, Bitcoin has regained its lost market. Earlier, the price of Bitcoin had slumped to as low as $87,000; however, now the price has climbed back to $90,000. There are chances of further price rise.
The US stock market has also gained positively from this announcement, with major indices like Nasdaq and S&P 500 each climbing 1.3%. Gold prices have indeed pulled back from earlier session highs amid easing trade tensions, settling flat around $4,770 per ounce as of January 22, 2026.
A Positive Short-term Outlook for Bitcoin
Trump’s tariff delay, following his meeting with the NATO chief, eases short-term trade war fears and supports a positive outlook for Bitcoin in the short term. Trump’s withdrawal from imposing tariffs has reduced safe-haven demand for gold, allowing Bitcoin to reclaim $90,000 with intraday highs near $90,273. Technical indicators show support at $89,363 and potential to test $94,000–$98,000 resistance if sentiment holds. The momentum is bullish for the short term. While pro-crypto policies and rate cut expectations bolster upside toward $100,000+, renewed macro uncertainty or technical resistance could cap gains. Bitcoin’s alignment with equities during trade de-escalation favors short-term gains over deeper corrections.
Institutional Investors Moving to Bitcoin Investments
Institutional investors have responded positively to Trump’s tariff withdrawal by increasing exposure to risk assets like Bitcoin and shifting capital away from safe havens such as gold and other precious metals. The net inflows to Bitcoin investments have surged. Bitcoin investment products saw estimated inflows of $450 million in the 24 hours following Trump’s announcement about tariff withdrawal, led by ETFs from BlackRock and Fidelity, reflecting renewed confidence in short-term upside. Hedge funds and sovereign wealth managers trimmed gold positions while adding to BTC futures on CME, with open interest rising 8%.
High-frequency institutional investors accelerated Bitcoin purchases above the $89,500 support, with order flow data showing 65% buy-side volume from known institutional addresses during the $90,000 reclaim. This mirrors patterns from prior trade de-escalations, where institutions front-run policy relief for 5%-10% BTC rallies.
