North Korea launched a ballistic missile off its eastern coast on October 22, 2025, as confirmed by South Korea’s Joint Chiefs of Staff. This marks the first missile launch under newly-inaugurated President Lee Jae-myung, who aims to pursue proactive engagement with North Korea. The missile launch has not yet produced any notable impact on global cryptocurrency markets such as Bitcoin (BTC) and Ethereum (ETH). Experts attribute this relative lack of reaction to the event’s isolation. Crypto markets rarely react significantly to isolated missile launches unless broader geopolitical escalations occur. Historical analysis suggests that past North Korean missile tests have had a minimal influence on crypto markets, typically only leading to notable market fluctuations during major global tensions.**