Recent escalation in trade tensions between the United States and China has sent ripples through global markets, impacting even the cryptocurrency sector. The US is imposing a significant tariff of 104% on Chinese products, adding to pre-existing tariffs. This move comes amidst China’s refusal to lift its current 34% tariff rate. Trade expert analysis suggests that this escalating trade war threatens to halt international commerce in various sectors and has led to market volatility in cryptocurrencies. Bitcoin, for example, experienced a sharp price drop below $77,000, prompting an estimated $50 million in liquidations within a short period. 8.44% sell-off may occur on Bitcoin based on technical analysis. While some analysts suggest this could be similar to previous market dips in 2018 and 2022. The crypto market is showing signs of selling pressure, and experts are predicting further price declines. This volatility reflects the heightened uncertainty surrounding global trade dynamics. Analysts believe that investors may need to adjust their strategies in light of these shifts.