On January 19th, Monday opening, the cryptocurrency market experienced a rapid adjustment. Bitcoin's largest decline within an hour reached 3.79%, and at the same time, several smaller coins showed a clear downward trend. Interestingly, this market movement was not an isolated phenomenon—gold and silver prices rose simultaneously, and stock index futures also recorded about a 1% decline, indicating that risk assets are under overall pressure.

The market reaction was driven by clear trigger factors. Messages received over the weekend indicated that there are new variables in the international trade situation. In response, multiple EU member states are actively assessing response plans, and market expectations of potential tariff measure escalations are present.

Such macro disturbances often have a double-edged effect on the crypto market: in the short term, they may trigger risk asset sell-offs, but in the longer term, policy uncertainties could also increase demand for safe-haven assets. For traders, this period requires attention to risk exposure management, while also monitoring how subsequent policy developments evolve.