A significant escalation in regional tensions has emerged as Iran's leadership escalates rhetoric, declaring an "all-out war" stance against the US, Europe, and Israel. This kind of geopolitical friction historically sends shockwaves through global financial markets. When international conflicts intensify, investors typically flee to safe havens, which can trigger broader market volatility. For crypto markets specifically, heightened geopolitical risk often translates into increased demand for alternative assets as hedges against traditional market uncertainty. Currency fluctuations—particularly movements in the USD—tend to follow major geopolitical events, and this in turn impacts how digital assets are priced globally. Traders monitoring macro trends should keep close tabs on how this situation develops, as such tensions can reshape risk appetite across all asset classes.