The crypto market caught a break today as investors exhaled over the latest political developments. TSX and related crypto assets surged as the recent policy reversal on Greenland eased geopolitical tensions that had been weighing on sentiment.

Political risk, it turns out, matters more than most traders realize. When headlines suggest unpredictability from major powers, capital gets nervous—it moves cautiously, sits on sidelines, waits. But clarity? Clarity is different. Even if the policy itself isn't favorable, knowing what's actually happening beats the alternative of wondering what comes next.

This particular shift showcased exactly that dynamic. What started as a contentious diplomatic position evolved into something more stable, and the market responded by repricing risk downward. For a space like crypto that's still finding its footing amid macro uncertainty, these kinds of political clearing events can spark genuine relief rallies.

The takeaway here is straightforward: uncertainty compresses valuations. Resolution expands them—at least temporarily. Whether this momentum holds depends on what happens next, but for today, investors got the clarity they were craving.