Cryptocurrencies face a potential upheaval as trade tensions escalate with various nations taking retaliatory measures against the US tariffs. This article provides insight into the reactions of major economies and their potential effects on the cryptocurrency markets. Notably, Bitcoin (BTC) was trading around $81,800 before the U.S. market opened. 6 minutes later, when the market opened, prices saw a significant drop as investors reacted to the news. The article examines the responses of key nations including China, the European Union, the United Kingdom, France, Germany, India, Japan and other global players such as Spain, Denmark, Switzerland, and economists like Jayati Ghosh. A comprehensive analysis reveals the potential economic fallout from these retaliatory measures, emphasizing the disruption to global trade, supply chains, and the broader financial landscape, including its impact on crypto markets.