Bitcoin

The attempted hijacking of an Israel-bound jet and its linkage to an Australian Islamic centre adds to a growing list of geopolitical flashpoints (Middle East, Ukraine, Taiwan) that have historically driven short-term volatility in risk assets, including crypto. However, with Bitcoin's correlation to traditional markets waning and its recent decoupling from equities, the impact may be muted.

Abu Hamza, a Melbourne Islamic leader whose community centre was linked by Emirati prosecutors to the suspect in the attempted hijacking of an Israel-bound Flydubai passenger jet, publicly dismissed the accusations against him as false.