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CoinVoice has learned that, according to Jinshi, due to market concerns that U.S. President Trump intends to seize Greenland from Denmark, US-Europe relations are tense, and the dollar is weakening.
Trump stated that starting from February 1, he will impose a 10% tariff on several European countries, and the European Union is considering retaliatory tariffs. Barclays analysts pointed out that the tense situation may prompt foreign investors to increase hedging against dollar depreciation risk, and the dollar may remain under pressure in the short term.