Mitigating the Impact of Global Conflicts on Crypto Assets: Risk-Management Discipline Is Key
Jakarta, VIVA – The intensification of the Middle East conflict since the US-Israel tensions with Iran has broadened with the closure of the Strait of Hormuz, a strategic route used by around 20 per cent of global oil trade. This development triggered a spike in energy prices, with oil reportedly rising to US$80 per barrel, fuelling risk-off sentiment across asset classes and raising concerns about inflation and global supply stability. Against this pressure, gold prices rose to around US$5,100 per troy ounce, amid rising demand for safe-havens, while U.S. technology stocks saw only a limited rebound. Meanwhile, the 24/7 crypto market has become one of the most responsive indicators in reflecting shifts in investor sentiment.
According to data from CoinMarketCap, Bitcoin briefly corrected to US$63,100 at the weekend, then surged to US$70,000 at the start of the week, and is now trading around US$68,000, with the global crypto market capitalisation around US$2.33 trillion.
Indodax Vice President Antony Kusuma assessed that the high volatility reflects the market’s high sensitivity to geopolitical developments and macro risks. “The surges and corrections within days indicate the market is highly headline-driven. In such conditions, global sentiment and policy dynamics become the primary factors influencing moves in risk assets, including equities and crypto,” he said, quoted from his statement, Thursday, 5 March 2026.
He explained that in the initial phase of the turmoil, investors typically adopt a risk-off stance to preserve liquidity. If uncertainty persists, some investors consider more defensive assets.
Antony noted that avoiding FOMO-driven decisions and implementing disciplined portfolio diversification and risk management are the most rational steps in the current situation.
“In uncertain markets, portfolio diversification is one of the common approaches, including shifting some exposure to steadier crypto assets such as stablecoins like Tether (USDT) or USD Coin (USDC), or gold-backed crypto assets like Tether Gold (XAUT), which has been gaining, while maintaining measured allocations to core assets,” Antony explained.
In line with this, Indodax reaffirmed its commitment to maintaining liquidity, system security, and transparency, while strengthening risk education. ‘In the face of geopolitical dynamics, disciplined risk management and a long-term investment perspective remain the keys to staying rational and adaptable in the face of global uncertainty,’ it said.