A Chinese military strike on Taiwan, potentially involving the US and allies, could significantly destabilize global politics and economies, leading to turmoil in crypto markets.
"the election results could exagerate already strained China us relations the big worry is that China could launch a military strike on Taiwan if that happens the US Military and possibly those of other few allies will likely be drawn in to defend the island this would not only shake up the world politically but it would Ripple across economies throwing markets including crypto into turmoil"