Investors have been buying cash amid economic uncertainty, including a potential war in Iran, oil price spikes, inflation, and a potential recession. Bitcoin (BTC) tested the $67,500 support level on Monday, coinciding with gold prices experiencing their sharpest correction in over 50 years. US Treasuries also saw a sell-off, with yields on the 5-year Treasury at a nine-month high. This move was seen as a sign of risk aversion. The ongoing Iran war pushed oil prices above $90, creating inflationary pressure. The US national debt also rose to $39 trillion, leading to fears of recession or inflation. The implied probability of interest rate hike by July increased to 20.5%, up from 0%.