According to Crypto Rover on Twitter, Pakistan shot down at least two Indian jets on Wednesday, escalating geopolitical tensions in the region. Historically, war and conflict have triggered increased volatility and bearish sentiment across global financial markets, including cryptocurrencies, as risk-off behavior dominates trading decisions (source: Crypto Rover, Twitter, May 8, 2025). Traders should closely monitor major crypto assets like Bitcoin and Ethereum for potential price drops and surges in safe-haven demand, as uncertainty in South Asia could lead to temporary liquidity shocks and heightened market correlations.