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$BTC On August 7, 2026, Saudi Arabia, Turkey, and Pakistan signed the Mecca Mutual Defense Pact in Mecca, establishing a trilateral collective defense mechanism. The pact mirrors NATO's Article V: an armed attack against one member shall be regarded as an attack against all three. It has been dubbed the "Islamic NATO" by outside observers. As more Islamic nations in the Middle East gradually join, the petrodollar system faces a major test. Should the U.S.–Israel alliance lose even a single war in the future, a new international order will begin to take shape. The rally in Bitcoin is, at its core, a hedge against this very risk.