Crypto market may shed gains on India-Pakistan War

By: bitcoin ethereum news|2025/05/11 05:30:07

The broader crypto market is still under intense bearish uncertainty amid the confirmed escalations of the India-Pakistan war. After weeks of aggression between both nations, a ceasefire was reached barely 24 hours ago. However, this ceasefire did not hold as India has accused Pakistan of a deadly violation of the terms. With this escalation, it remains to be seen whether Bitcoin (BTC) and top altcoins in the crypto market will reverse their gains. Crypto Market Slipoff Ahead? According to an Aljazeera report , explosions were heard hours after the agreed-upon truce. It was reported that Pakistan bombed some of the Indian-controlled parts of Kashmir. Following this trend, India’s Military officials have been instructed to deal with any violations moving forward. “This is a breach of an understanding arrived at earlier today ... We call upon Pakistan to take appropriate steps to address these violations and deal with the situation.” India’s Foreign Secretary Vikram Misri revealed in a statement. As reported earlier today, both countries agreed to a ceasefire that initially boosted investor confidence, fueling a sustained crypto market rally. However, with this current escalation, the same erasure of gains accrued by Bitcoin and other risk-on assets might be in the market. Bitcoin Price Already Correcting on India-Pakistan Update Following the latest update in the India-Pakistan war, the combined crypto market capitalization has dropped by 0.11% in 24 hours to $3.31 trillion. Bitcoin price is also seeing a slight slip-off as of writing, down by 0.26% to $103,217. Per an earlier CoinGape report, Bitcoin brushed off $104,000 as broader optimism was sustained. However, despite the corrections in BTC, other top altcoins are still maintaining their daily growth trends. Ethereum is up 6.98% to $2,493.3, and XRP has retained 2.68% of its growth trend to $2.416. Judging by the growth trajectory of altcoins over the past month, a correction is looming. Notably, this may be tied to the India-Pakistan war if it lingers. US-China Trade War and Uncertainty The US-China trade war is another event that may offset the market. With delegates of both countries locked in negotiations, which have now extended to day 2, the crypto market and other financial ecosystems are watching to see if a major concession will be reached. Beyond this macro and geopolitical strain, the latest Bitcoin price watch teases a possible $120,000 breakout. This forecast hinges on other factors. These include the embrace by institutional investors as BlackRock enters staking conversations with the US SEC. With BlackRock leading the move, other top asset managers may also join the trend, adding to the upside for BTC and associated altcoins. ✓ Share: Godfrey Benjamin Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. Source: https://coingape.com/india-pakistan-war-continues-is-crypto-market-rally-at-risk/

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...