Fan Tokens, Stocks and Crypto Rises as Trump Calls Off Recent Tariff Threats
Global markets moved higher after US President Donald Trump said he would not go ahead with his recent tariff threats against several European countries.
Stocks, crypto and Fan Tokens all reacted positively, with prices ticking up across the board. Fan Tokens like $INTER, $OG and $SANTOS also posted daily gains, showing steady interest as market mood improved.
Markets Breathe Easier After Tariff Threats Dropped
US stocks closed higher after Trump shared that talks with NATO Secretary General Mark Rutte went well and that planned tariffs set for February 1 would no longer move forward. The S&P 500 finished the day up 1.16%, reflecting relief among investors.
The proposed tariffs had targeted countries such as Denmark, France, Germany and the United Kingdom. Trump said a framework had been formed around future talks linked to Greenland and the wider Arctic region, adding to the positive tone in markets.
Crypto related stocks showed mixed moves. Strategy closed up 2.23%, while Coinbase slipped 0.35%. Mining stocks also moved in different directions, with Mara Holdings rising 1.83% and Riot Platforms falling 4.70%.
Bitcoin and Major Coins Edge Higher
Crypto prices also saw small gains following the news. Bitcoin rose 1.64% to trade near $90,010. Ether climbed 3.03%, while Solana gained 2.36%. These moves came after a quiet period, with traders reacting to easing tension around trade policy.
The gains were modest, but they helped lift confidence across the wider crypto space as both stocks and digital assets moved in the same direction.
Fan Token Prices Hold Firm as Buying Picks Up
Fan Tokens also turned green as the market mood improved. Inter Milan Fan Token ($INTER) traded at $0.4171, up 1.42% in the last 24 hours and 0.93% over the past 7 days, with strong trading activity.
The OG Fan Token ($OG) recorded a 2.36% increase to $4.11 in the past 24 hours with its weekly momentum down by 2.28%
rose 2.36% on the day to $4.11, even though it remains down 2.28% over the past 7 days. Santos FC Fan Token ($SANTOS) stood out with a 4.51% daily rise and a 12.28% gain over the past 7 days, trading at $2.32.
The steady price action across these Fan Tokens shows that they continue to attract attention when overall market sentiment improves, moving in line with gains seen in stocks and major crypto assets.
Fantoken Market Reporter