India's currency just took another hit, and the ripples are spreading fast across global markets. Traders are on edge. Why? The US trade deal remains frustratingly out of reach—nobody knows when or if it'll actually land. This uncertainty isn't just about rupees anymore. It's morphing into a broader anxiety signal that could shake risk assets, including crypto. When fiat currencies wobble and geopolitical negotiations stall, capital flows get messy. Investors start hedging. Some rotate into safe havens; others eye decentralized alternatives. The tension is real, and markets are pricing in the doubt. What happens next depends entirely on whether Washington and New Delhi can finally get their act together—or if this standoff drags on, amplifying volatility across the board.