Houthi attack on Saudi airport kills 12+ amid escalating Middle East tensions; Bitcoin holds $83k as markets await Monday reopening.
Macro & Markets ·
Yemen's Houthis carried out an attack on King Khalid International Airport in Riyadh that killed at least 12 people and injured over 300, according to reporting on the incident. US Secretary of State Marco Rubio condemned the strike and confirmed an American citizen died in the assault. President Trump indicated the US may become militarily involved in response to the escalation.
The attack has heightened regional tensions at a time when financial markets remain sensitive to geopolitical risk. Bitcoin has held steady near $83,000 during the incident, while altcoins have shown limited movement. The cryptocurrency market's broader reaction depends partly on whether and how the US decides to respond.
Markets are set to reopen on Monday, and volatility may increase as traders price in the geopolitical situation and any statements from US policymakers. It remains unclear whether the Houthis will launch further attacks or how quickly diplomatic or military developments might unfold.