The EU just called an emergency summit to tackle Trump's incoming 10% tariff threat, and things are getting real. Brussels is preparing a serious counter-move—we're talking potential retaliation covering nearly €93 billion worth of American goods.

But here's the interesting part: alongside the tariff standoff, EU members are making a show of unity around Greenland and Denmark. It's a diplomatic balancing act, really. Push back on trade aggression while holding the line on geopolitical positioning.

This kind of trade escalation tends to ripple through markets fast. When major economies start swinging tariffs around, capital gets nervous, and investors often look to alternative assets to hedge their bets. Historical precedent shows these policy tensions can create interesting volatility patterns across financial markets, including crypto.