6 months of Trump headlines vs. crypto:
The market learned to fade his tariff threats — "TACO" (Trump Always Chickens Out) is now a trade.
But it still can't fade Iran. The Hormuz blockade → peace hint → deal whipsawed BTC ±6% in weeks.
Tariff theatre is noise. War risk is real.

May 27, 2026 6.8K 22