U.S. equities faced selling pressure today as multiple headwinds converged to shake investor confidence. The tension surrounding Iran escalated, adding geopolitical uncertainty to already jittery markets. Simultaneously, concerns about the Federal Reserve's independence have surfaced, prompting questions about potential policy shifts ahead. On the commodity front, crude oil rallied significantly, reflecting both supply anxieties and broader risk-off sentiment. These dynamics matter for the broader asset class landscape—when traditional markets gyrate on macro concerns, crypto often moves in tandem, responding to shifts in risk appetite and real rates. Traders monitoring both traditional markets and digital assets are watching these developments closely as indicators of what's ahead.