- Pakistan has launched airstrikes on Kabul, declaring an “Open War.”
- Bitcoin drops 5.85% as top cryptocurrencies, including Ethereum, XRP, and Solana fall.
- Wars spark crypto volatility but also increase cross-border crypto usage.
Tensions escalated between neighboring Pakistan and Afghanistan following military action overnight, as the Pakistan armed forces launched airstrikes on targets in Kabul. The attack prompted Pakistan’s defence minister, Khawaja Muhammad Asif, to describe the situation as an “open war.”
The Afghan government has vowed to retaliate, triggering concerns over the consequences a full-blown war could have on the South Asian region amid a potential ripple effect across the global economy. Global powers, including Russia, Iran, and the United Nations, have called for restraint, citing the potential effect of the war on the delicate global…
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Source: https://coinedition.com/pakistan-afghanistan-war-how-btc-xrp-sol-eth-ada-reacts/