Saudi Coalition Shoots Down Houthi Missile Over Riyadh – Tensions Spike, Crypto Markets on Edge

In a sharp escalation, the Saudi-led coalition intercepted a Houthi-launched missile near Riyadh, underscoring the fragile security landscape in the Gulf.

The incident raises fears of broader Middle East conflict, potentially spiking oil prices and injecting fresh geopolitical risk into crypto markets, where traders often react sharply to such volatility.