币界网报道：U.S. stocks are no longer a safe haven amid escalating global tensions, as evidenced by recent market volatility. Geopolitical risks, including conflicts in the Middle East and Ukraine, have heightened investor anxiety, driving capital toward alternative assets like cryptocurrencies. Analysts note that traditional safe-haven assets, including Treasuries and gold, have also seen increased demand, but digital assets are gaining traction as hedges against inflation and geopolitical instability. Bitcoin and Ethereum have shown resilience during recent market downturns, reinforcing their appeal as decentralized alternatives. Meanwhile, regulatory uncertainty continues to weigh on crypto markets, with the SEC delaying key ETF decisions. Despite short-term fluctuations, institutional interest in crypto remains strong, suggesting long-term confidence in blockchain-based financial solutions. Market participants are closely monitoring central bank policies and geopolitical developments for further directional cues.