Global trade tensions are significantly impacting the cryptocurrency market, with Bitcoin currently trading at $76,800 despite experiencing unprecedented tariffs in over a century. This new wave of conflict surpasses the 2020 pandemic collapse, as cryptocurrencies have endured heavy losses exceeding 5% daily due to market volatility stemming from US market losses. The escalating trade war between the US and China has triggered retaliatory measures, with both sides engaging in increasingly complex negotiations that threaten global economic stability. The EU is taking a stand against the US tariffs with measures like increased import duties on steel, aluminum, and automotive products. This escalation has led to 25% tariff on metals from the US and an additional 20% customs duty across numerous other goods in retaliation to the US’s measures. The European Union responded by imposing similar retaliatory tariffs against the US, creating a global trade war. Investors are urged to exercise caution as this economic conflict may lead to further downturns in the cryptocurrency market.