$BTC

Missiles & Markets,

How War Shook the Crypto World 🧨

India–Pakistan Missile Strikes Trigger Market Jitters

On May 6, India launched missile strikes in response to a Kashmir bombing. Pakistan retaliated, escalating tensions in the region.

Crypto Reaction:

• $BTC spiked 4% then dropped below $95K amid panic.

• $ETH dipped ~2%, showing risk-off behavior.

• $USDC & stablecoins surged in P2P demand across India & Pakistan.

• Wallet activity and cold storage transfers increased as investors sought safety.