Bitcoin

This event adds to a growing body of evidence that climate risks are materializing faster than anticipated, potentially pressuring governments to accelerate energy transitions. In the crypto market, where Bitcoin is increasingly viewed as 'digital gold' and a hedge against systemic risks, such climate extremes could indirectly boost demand for decentralized assets as traditional systems face disruption.

Australia recorded its second hottest September on record, with record-breaking heat in alpine areas and the hottest minimum night-time temperatures for any September since 1910.