The post EU Calls Emergency Meeting, Democrats Move to Block Trump’s Tariffs, But BTC Stays Calm appeared on BitcoinEthereumNews.com. Home » Crypto News AccordingThe post EU Calls Emergency Meeting, Democrats Move to Block Trump’s Tariffs, But BTC Stays Calm appeared on BitcoinEthereumNews.com. Home » Crypto News According

EU Calls Emergency Meeting, Democrats Move to Block Trump’s Tariffs, But BTC Stays Calm

4 min read

Home » Crypto News


According to analysts, the tariff war between the US and the EU is on step 4 out of 10 now.

‘;
}

function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);

const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);

scriptEl.src = scriptURL.toString();

// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}

function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}

// Initial Load for Desktop
if (window.innerWidth > 768) {

const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}

// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}

// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();



Summarize with AI



Summarize with AI

After several countries from the European Union deployed troops to the most recent hot zone, Greenland, the POTUS announced a new set of tariffs against all of them, effective from February 1 until a deal for the complete acquisition of the island is reached.

The EU’s response was immediate, while US Democrats have pushed to introduce legislation to block Trump’s proposed tariffs. Despite all this drama, BTC’s price has remained stable, even though it’s the only financial asset available for trading during the eventful weekend.

Latest Developments

As reported yesterday, the newly announced tariffs against Denmark, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland will be effective from February 1. The taxation will be 10% on all goods sent to the US, but if there’s no deal reached by June 1, the percentage will increase to 25%, said Trump.

Shortly after, reports emerged that the EU plans to halt approval of the trade deal with the US after the latest threats. The lawmakers also scheduled an emergency meeting for today.

According to analysts from the Kobeissi Letter, who said they spent 12 months researching Trump’s tariff playbook, this is the fourth step in the trade war. They believe financial markets will open lower on Sunday evening and Monday, but Trump will continue to play “hardball.”

Unlike the recent US-China bout, they noted that the Greenland situation will require more time because such a potential acquisition “can’t happen overnight and the EU remains highly opposed to even the idea of such a transaction.”

The Democrats were quick to move on US soil, reportedly planning to introduce legislation to block the POTUS’s proposed tariffs on EU countries.

You may also like:

BTC Stands Still

The trade wars have impacted the primary cryptocurrency in previous instances, especially the first one that unraveled in April 2025. At the time, BTC tumbled from $110,000 to $75,000.

However, it has been more resilient during the subsequent tariff battles, and the situation seems similar now, at least so far. Although the cryptocurrency markets are the only ones trading 24/7 and are open during this volatile weekend, BTC’s price has remained stable at just over $95,000.

Nevertheless, more fluctuations are expected later today as new developments unravel, the EU holds the meeting, and the futures markets open.

BTCUSD Jan 18. Source: TradingView
SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source: https://cryptopotato.com/eu-calls-emergency-meeting-democrats-move-to-block-trumps-tariffs-but-btc-stays-calm/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
TRM Labs Becomes Unicorn with 70M$: BTC Fraud Risk

TRM Labs Becomes Unicorn with 70M$: BTC Fraud Risk

The post TRM Labs Becomes Unicorn with 70M$: BTC Fraud Risk appeared on BitcoinEthereumNews.com. TRM Labs Reaches 1 Billion Dollar Valuation Blockchain intelligence
Share
BitcoinEthereumNews2026/02/05 03:33
XRP Plunges: Historic MACD Signal Sparks Alarm

XRP Plunges: Historic MACD Signal Sparks Alarm

This week, XRP depreciated by 17.94 per cent with a historic MACD indicator sitting on the market; the traders are keeping a keen eye on the support mark of 1.30
Share
LiveBitcoinNews2026/02/05 03:30