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Bitcoin’s Drop Has (Almost) Nothing To Do With The Trade War, According To Some Indicators

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A giant Bitcoin in the sky over the White House, watched in amazement by several characters.

As the tariff war reignited by Washington captures attention, Bitcoin hovers around $85,000. Some see a cause-and-effect link. However, this quick reading overlooks the essential: it is not geopolitics that is holding back the market, but the lack of concrete catalysts and a silent redistribution of flows towards safer assets. To understand this inertia, one must go beyond this analysis and follow the true signals of the market.

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