The announcement of US and Israeli strikes on Iran initiated Operation Epic Fury, leading to significant trading activity on crypto platforms like Hyperliquid, which operate 24/7, while traditional markets were closed. This event highlighted the growing importance of crypto in global finance, prompting traditional exchanges to consider 24/7 trading options. Despite the success of crypto markets, legislative progress on the Digital Asset Market Clarity Act remains stalled due to conflicts between banking and crypto interests, with President Trump advocating for the crypto sector.