Global equities just pulled back from record highs, and crude oil is still bleeding. The culprit? A perfect storm of geopolitical tensions. We're looking at aggressive moves around resource grabs and territorial posturing that's rattling investor confidence heading into the new year. That post-New Year rally? It just hit the brakes. When macro headwinds like this pick up steam, crypto traders should keep one eye on traditional markets—equity volatility often flows downstream to digital assets. Oil price pressure adds another layer of uncertainty to the broader risk-off sentiment.