Localized geopolitical conflicts are rising with global risks looming.
The last 10 years have seen global geopolitical tensions increase, impacting financial markets, including Bitcoin. Still, the first cryptocurrency may be proving itself as a hedge against conflict.
The Israel-Gaza War appears set to continue after Israeli Prime Minister Benjamin Netanyahu removed political rival and war critic Yoav Gallant from his role as defense minister. The ceasefire with Hezbollah has also relieved pressure on Israeli military operations in Gaza.
In Ukraine, North Korean troops and military hardware have been deployed, and Russia has launched a ballistic missile capable of delivering multiple nuclear warheads to distant targets for the first time.
