Bitcoin

The crypto market has recently shown signs of decoupling from traditional risk assets, but geopolitical shocks like this can still cause liquidity shifts. With BTC up 22% over the past week, profit-taking may be amplified by headlines that raise the specter of wider conflict.

The UK announced it will hand over blueprints for British-made missile components to Ukraine, prompting Putin to warn that UK drone factories may face attacks from unknown sources.