{"id":83582,"date":"2026-01-20T06:57:49","date_gmt":"2026-01-20T06:57:49","guid":{"rendered":"https:\/\/mudrex.com\/learn\/?p=83582"},"modified":"2026-01-20T06:57:52","modified_gmt":"2026-01-20T06:57:52","slug":"mudrex-weekly-market-update-13-19-jan-2025","status":"publish","type":"post","link":"https:\/\/mudrex.com\/learn\/mudrex-weekly-market-update-13-19-jan-2025\/","title":{"rendered":"US-EU Tariff Tensions \ud83d\udcc8Bitcoin \ud83d\udcc9| Mudrex Weekly Digest \ud83d\udfe3"},"content":{"rendered":"\n

Your weekly crypto digest is here: market shifts explained, top news unpacked, and one coin spotlighted for your radar. <\/p>

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Fears of a U.S.\u2013EU trade war resurfaced after President Trump threatened escalating tariffs on key European allies unless Denmark agrees to sell Greenland to the U.S. Adding to market uncertainty, the U.S. crypto bill also stalled after Coinbase CEO Brian Armstrong and other industry leaders withdrew their support.<\/p>\n\n\n\n

<\/span>\ud83d\udcca Market Summary<\/strong><\/span><\/h2>\n\n\n\n

While Bitcoin was sideways during the week, it experienced a sudden crash on Sunday owing to US-EU tariff tensions. Other major cryptos, including ETH, XRP, and SOL tracked BTC’s movement.<\/p>\n\n\n\n

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<\/span>\ud83d\udcf0 Top News of the Week<\/strong><\/span><\/h2>\n\n\n\n

Bitcoin, Ethereum and other major cryptocurrencies experienced a sharp sell-off over the weekend as fears of a renewed U.S.\u2013European Union trade war intensified. <\/p>\n\n\n\n

Bitcoin briefly dipped below $92,500<\/strong>, wiping out recent gains and triggering significant liquidations in leveraged positions across the market.<\/p>\n\n\n\n

The sell-off followed President Trump\u2019s threat to impose escalating tariffs on European allies \u2014 starting at 10% on February 1 and rising to 25% by June \u2014 unless Denmark agrees to sell Greenland to the U.S.<\/p>\n\n\n\n

In response, the European Union is reportedly considering retaliatory tariffs worth $108\u202fbillion on U.S. goods, raising the stakes for a trade escalation that could affect global markets. <\/p>\n\n\n\n

Such geopolitical tensions amplify uncertainty and risk aversion, leading investors to liquidate positions in assets like cryptocurrencies.<\/p>\n\n\n\n

The situation is further complicated by the stalled U.S. crypto bill, with industry leaders like Coinbase CEO Brian Armstrong withdrawing support. <\/p>\n\n\n\n

The standoff centers on whether crypto platforms should be allowed to offer yield on stablecoins, rewards or interest\u2011like returns paid to users for holding assets like USDC.<\/p>\n\n\n\n

<\/span>\u2b50 Coin of the Week: Hyperliquid (HYPE)<\/strong><\/span><\/h2>\n\n\n\n
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Hyperliquid (HYPE) continues to dominate the perpetual DEX space, posting the highest weekly trading volumes while competitors\u2019 activity fades. <\/p>\n\n\n\n

Recent data shows Hyperliquid\u2019s 7\u2011day perp trading volume around $40.7\u202fbillion, outpacing competitors like Aster and Lighter, whose activity has softened after incentive events.<\/p>\n\n\n\n

With strong liquidity, growing user adoption, and sustained open interest, HYPE is attracting attention from traders. As always, DYOR.<\/p>\n<\/div><\/div>\n\n\n\n

<\/span>\ud83c\udfcaDive deeper<\/strong><\/span><\/h2>\n\n\n\n