Bitcoin

This event compounds existing macro headwinds (hawkish Fed, recession fears) and deepens the flight from risk assets. Crypto, despite its 'digital gold' narrative, remains tightly correlated with tech stocks and is selling off alongside equities. The market's failure to react positively to geopolitical turmoil suggests traders view it as a liquidity drain rather than a safe haven.

Ukraine announced it struck five cargo ships in the Sea of Azov and coastal waters of Russian-occupied territories, and admitted to a drone blast in Romania, while Putin prepares for a key speech.