Cryptocurrency markets faced broad downward pressure as geopolitical friction in the Middle East pushed crude oil higher and forced investors to reprice expectations for a Federal Reserve rate hike ahead of the September FOMC meeting. Spot Bitcoin ETFs and major altcoins experienced renewed volatility while macroeconomic uncertainty dominated global trading desks. Local expatriates lounging on the Malecón in La Paz continue to ignore the ticker tape entirely, preferring to watch the pelicans dive into the bay rather than stress over central bank liquidity cycles.