Bitcoin

This geopolitical flare-up occurs amid already fragile market sentiment, with Bitcoin dominance at 62% and altcoins underperforming. Historically, such territorial disputes have led to short-term volatility spikes in risk assets, but crypto's decentralized nature may offer a hedge if traditional markets wobble.

King Felipe VI made his first visit as king to Ceuta and Melilla, bringing Spain's territorial dispute with Morocco back into focus.