Recent geopolitical tensions have had a significant impact on the crypto world. Frictions between Europe and the United States over territorial issues continue to escalate, with the EU stating that it has multiple response measures and remains cautious about possible military actions. This uncertainty is directly reflected in market sentiment—Bitcoin's recent correction is believed by many traders to be related to the escalation of US-Europe disputes. Geopolitical risks often increase market volatility, and investors need to closely monitor how such black swan events may drag down the market.