US Treasury Secretary Revives Trade-War Inflation Risk at Davos as Crypto Sinks

Global markets turned risk-off on Tuesday after US Treasury Secretary Scott Bessent openly reaffirmed the Trump administration’s willingness to use tariffs as a primary geopolitical weapon. His statements reignited fears of trade-driven inflation just as crypto markets were showing signs of stabilization. Bitcoin fell back below $90,000, while Ethereum slipped under $3,000, as investors reassessed macro risks following Bessent’s remarks at the World Economic Forum in Davos. Crypto Market Slides Again Over ...