Trade tensions are heating up in ways that could reshape global markets. The reported tariff threats targeting Greenland and broader geopolitical moves are creating ripple effects across Europe, according to recent analysis from major ratings agencies. When you've got trade policy uncertainty at this scale, it tends to spill over into financial markets—crypto included. Investors are already pricing in the volatility that comes with this kind of policy brinkmanship. The geopolitical premium is real, and it's something traders need to factor into their positioning right now. Whether it's traditional markets or digital assets, macro headwinds like these have a way of testing which assets hold their ground.