Bitcoin

Crypto markets have been mirroring equities' sensitivity to macro headwinds, and this statement adds geopolitical uncertainty to the mix. The prolonged Middle East conflict threatens global growth, supply chains, and energy costs—factors that historically correlate with reduced liquidity and risk appetite for speculative assets like crypto.

OECD Secretary General Mathias Cormann stated that risks to the global economy have worsened due to the prolonged conflict in the Middle East.