According to @akshat_hk, ongoing missile, airstrike, and drone incidents around Lahore have created heightened geopolitical risk, with limited immediate support from the US State Department to those in the region. This escalation has historically led to increased volatility in global markets and a surge in demand for safe haven assets like Bitcoin and stablecoins, as traders hedge against geopolitical uncertainty (source: @akshat_hk, May 9, 2025). Crypto traders should monitor on-chain flows and price action, as heightened regional instability often drives capital inflow into decentralized assets, impacting Bitcoin dominance and altcoin performance.

According to Crypto Rover on Twitter, Pakistan shot down at least two Indian jets on Wednesday, escalating geopolitical tensions in the region. Historically, war and conflict have triggered increased volatility and bearish sentiment across global financial markets, including cryptocurrencies, as risk-off behavior dominates trading decisions (source: Crypto Rover, Twitter, May 8, 2025). Traders should closely monitor major crypto assets like Bitcoin and Ethereum for potential price drops and surges in safe-haven demand, as uncertainty in South Asia could lead to temporary liquidity shocks and heightened market correlations.