Trump’s Weekend Tariff Threats, Greenland Talks and the Crypto Market Sell-Off After One Year in Office

On Saturday, President Trump used thin weekend liquidity in digital asset markets to unveil new tariff threats against eight European countries, coinciding with the first anniversary of his administration. Since he took office in January 2025, major cryptocurrencies like Bitcoin have fallen 13% while meme coin Shiba Inu has dropped 65%, with analysts framing the swings as part of an 11-step tariff cycle and a broader “Tariff Playbook” tied to Greenland negotiations. On-chain data shows SHIB volumes spiked 150% during the latest escalation, even as token burns exceeded 5 billion units and active addresses stayed above 1.3 million.