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.

Why It Matters:

Crypto acted as a safe haven during chaos, but market volatility and fear surged. P2P platforms in South Asia saw heavy traffic.

This conflict shows how global crises directly impact crypto adoption and price movements.

#CryptoNews #IndiaPakistan #BTC #USDT