Bitcoin

El Niño patterns historically affect global commodity prices (energy, food) and can influence central bank policy decisions on inflation. For crypto, which is increasingly correlated with macro risk assets, any weather-driven supply shock or inflation surprise could shift the Fed's rate path, impacting liquidity and risk appetite. This non-crypto event becomes a second-order driver for digital assets through the macro conduit.

Nature reports that the strength of an upcoming El Niño weather pattern remains uncertain as of May 15, 2026.