June 2, 2025 — In a dramatic escalation of the ongoing conflict, Russian President Vladimir Putin has urgently convened a meeting of the Security Council following a series of Ukrainian drone strikes that reportedly penetrated deep into Russian airspace, targeting key military infrastructure.
According to early reports from Kremlin insiders, over 40 Russian aircraft were destroyed or heavily damaged. The attacks mark one of the most significant Ukrainian operations inside Russian territory since the war began, prompting concerns over potential retaliation and broader regional instability.
Military Fallout & Strategic Implications
While official Russian channels have not yet confirmed the full extent of the damage, several unverified sources, including satellite imagery and local accounts, suggest that strategic airbases were among the targets. Analysts believe this level of penetration could reflect a dramatic evolution in Ukraine’s drone warfare capabilities—possibly with Western intelligence or hardware support.
Putin’s emergency meeting signals a serious internal assessment of Russia’s defense posture and possible countermeasures. So far, there is no confirmed nuclear or large-scale military response, but the risk of sharp escalation remains high, especially given Russia’s past patterns of asymmetric retaliation.
Market Shockwaves: Crypto & Traditional Assets React
The geopolitical turmoil has sent ripples through the global financial system. Global markets opened to heightened volatility, particularly in risk-sensitive sectors and commodities.
In the crypto space, the initial reaction was swift:
Bitcoin ($BTC) spiked momentarily as traders sought safe-haven assets.
Altcoins showed mixed performance, with some experiencing flash crashes due to panic-driven selloffs.
