#China has accused the United States of carrying out a #cyberattack on the National Time Service Center of the PRC — an attack that could have disrupted communications networks, as well as financial, transportation, and power supply systems.
The Ministry of State Security of China stated that the attack was successfully repelled. The ministry called the U.S. a true “hacker empire” and the main source of chaos in cyberspace, noting that in recent years, Americans have frequently conducted cyberattacks against China, Southeast Asian countries, Europe, and South America.
💸 Iran has threatened to strike Ukraine over its alleged support for Israel’s defense against Iranian drones, saying the entire territory of Ukraine is now considered a “legitimate target.”
The Iran war is now officially causing the largest #disruption to oil supplies in history, per FT.
Current oil market situation:
1. Gulf producers have cut oil production by at least 10mn barrels a day 2. The Iran war has driven production to its lowest level in four years, per the IEA 3. The IEA expects world output to fall by 8mn b/d in March as a result 4. This represents a decline of over 7% from the 107 million b/d produced in February
Iran is now requiring "reparations" for a ceasefire deal.
Asia is the most dependent region on oil and natural gas flows from the Middle East:
~90% of all crude oil transiting the Strait of Hormuz is destined for Asia..
And, ~82% of LNG exports from Qatar and the UAE flow to Asian buyers.
China alone receives 38% of all oil flowing through the Strait of Hormuz, followed by India at 15%, South Korea at 12%, and Japan at 11%.
Furthermore, for Japan and South Korea, over 60% of their total oil imports are transported via Hormuz, making them the most vulnerable to supply disruptions.
For Asia, the Strait of Hormuz is an energy lifeline.
💸 Iraq has shut down oil production at Rumaila, the world's second largest oil field which produces 1.5 million barrels of oil per day, amid escalating military activity.
🚨Within three hours: 1. US & Israeli attacks by land and sea on wide areas in Iran. 2. The Iranian armed forces activated air defenses to counter the attacks. 3. The #IRGC announced the start of retaliation and launched dozens of missiles and marches towards occupied Palestine. 4. Sirens sounded in more than 300 locations of the occupation. 5. Sounds of violent explosions were heard in occupied Palestine. 6. Iranian forces attacked US bases in Qatar, Bahrain, Abu Dhabi, and Kuwait.
⚠️⚠️ #Geopolitical tensions between the U.S. and Iran are rising. And capital is quietly moving ahead of the headline.
Watch what’s happening across assets.
Gold is climbing. Bitcoin is under pressure. Risk assets are losing momentum.
That’s not random volatility. That’s defensive allocation.
Whenever the probability of military escalation in the Middle East rises, energy markets react first. Oil reprices. Supply risk expands. Liquidity tightens.
In that environment, institutions reduce volatility exposure. Leverage unwinds. High-beta assets get sold.
Gold benefits. No counterparty risk. No balance sheet. Thousands of years of monetary credibility.
Bitcoin? Long-term hedge against monetary debasement. Short-term still trades like risk.
This creates a divergence. Stronger gold. Weaker crypto.
Two paths from here:
Escalation. Energy shock. Deeper risk-off.
Or
De-escalation. Stabilizing oil. Gradual return of risk appetite.
This moment is a stress test.
Not just for price. But for Bitcoin’s macro identity.
When geopolitical stress intensifies, will capital treat Bitcoin like gold…
🩸Just heard: in just one hour, $750 billion has #vanished from the US markets because Iran has turned down the US’s nuclear requests.
It seems the US equity markets have lost about $750 billion in market value in an hour!
Word that Iran has rejected the US’s nuclear demands during the Geneva talks has caused everyone to rush to sell their stocks.
- The S&P 500 is down 1.13%, which means $640 billion has been wiped out. - The Nasdaq is down 1.76%, which means $680 billion has been wiped out. - The Dow is down 0.28%, which means $60 billion has been wiped out. - The Russell 2000 is down 0.55%, which means $16 billion has been wiped out.
🔴According to CoinGlass data, In the past 24 hours, 137 601 traders were liquidated, the total liquidations comes in at $473.36 million. 🔴The largest single liquidation order happened on HTX - BTC-USDT value $61.51M.
"I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been “ripping” the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level."