Bitcoin

This event is a preview of a potentially record-setting El Niño, which could cause billions in damages and strain traditional financial systems. In the past, similar climate events (e.g., Hurricane Sandy, California wildfires) have correlated with localized Bitcoin adoption surges and increased trading volumes on decentralized exchanges as people seek alternative financial rails.

Tropical Storm Rachel was downgraded as high winds and rain turned inward, bringing heavy rain and coastal flooding to California.