Weather events like Typhoon Dolphin are localized disruptions that rarely move global crypto markets. The crypto market is currently driven by macro factors such as Fed policy, ETF flows, and on-chain activity, not by regional weather. This event is a reminder that external shocks can affect energy prices and supply chains, but the crypto market's decoupling from China means the transmission channel is weak.

China issued its highest storm alert for Typhoon Dolphin, leading to over 1,000 flight cancellations and suspension of some rail services.