Bitcoin

While isolated, such events contribute to a backdrop of elevated geopolitical risk that can weigh on risk assets during already fragile market sentiment. However, the lack of escalation or economic sanctions means the crypto market remains driven by macro factors like Fed policy and on-chain dynamics.

Russian warship Admiral Grigorovich fired warning shots near a UK-registered yacht in the English Channel after the yacht drifted towards the frigate.

Russian Warning Shots in English Channel: Could Defense Spending Boost Bitcoin?

Russian warning shots in English Channel could trigger UK defense spending hikes, boosting Bitcoin as an inflation hedge

Pentagon Requests $80 Billion for Iran War, Fueling Bitcoin's Deficit Narrative

German Foreign Minister Wadephul Sees Ukraine Peace Talks This Summer, Potential Ripple Effects for Crypto Fundraising

US Intercepts Iranian Missiles and Drones Targeting Kuwait, Bahrain

The 686% cost overrun from the initial $175B allocation mirrors systemic defense-industrial complex inefficiencies, yet it's the normalization of trillion-dollar spending that matters more for crypto. This accelerates the 'dollar decay' thesis as US Treasury yields hit 4.5% - a level where Bitcoin's 2023 correlation to real yields (-0.87) suggests it may decouple as a store of value hedge.

A watchdog estimated the cost of Trump's 'Golden Dome' aerial defence project to be $1.2 trillion.