#IranCryptoSeizure Geopolitics is once again becoming a direct driver of crypto and energy market volatility. The U.S. Treasury reportedly seized ~$1B in crypto linked to Iranian military-affiliated entities, marking one of the largest known state-level crypto seizures. On the same day, new military operations in the Strait of Hormuz were announced, a critical chokepoint handling ~20M barrels of oil per day (~20% of global supply). Markets reacted cautiously: $BTC (+0.08%) held steady, while energy-linked assets $BZ (-0.34%) and $CL (-0.42%) moved lower amid shifting risk expectations. Comment: If diplomatic tensions ease, risk assets could benefit. If escalation continues, oil volatility may dominate macro flows again. #IranCryptoSeizure @OKX Orbit