Bitcoin

This event adds to a backdrop of elevated geopolitical tensions (e.g., Russia-Ukraine war, Middle East) that have historically correlated with increased volatility in risk assets. Crypto, often treated as a high-beta risk asset, may see capital outflows to safe havens like USD or gold, though some investors view BTC as a hedge against fiat debasement in times of crisis.

Ukraine warns that a shortage of Patriot interceptors is costing lives following a deadly strike on Kyiv.