The trade war unleashed by the USA under Donald Trump on the entire world is effectively a world war, although fought only in the markets and not with bombs.
For this reason, many are calling it the same “terza guerra mondiale”, even if it is very different from the first two.
As for the crypto markets, the curious thing is that it is already having negative consequences on the prices of many cryptocurrencies, but not on Bitcoin.
World War III and the crypto
Donald Trump took office at the White House on January 20, 2025.
Taking as a reference the overall capitalization of the crypto market, which also includes Bitcoin and stablecoin, the all-time high was reached on Tuesday, December 17, 2024, above 3.730 billion dollars.
However, precisely on January 20, it had risen to 3.690 trillion, therefore it was still effectively at its peak at the time of Trump’s inauguration.
Until January 31, it hadn’t dropped much, but starting from February 1, it began a decline that
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