This study analyzes the volatility of major crypto assets (Bitcoin/BTC, Ethereum/ETH, Ripple, DASH, NEM) during the 2020–2024 period with a focus on the impact of multi-crisis integration (Covid-19 pandemic and Russia-Ukraine conflict). Using the Wilcoxon Signed Rank test analysis technique is expected to be able to answer the differences in volatility between specific crisis periods per asset. The novelty of this research is the integration of geopolitical and macroeconomic impacts on crypto assets, -differences in response by asset category, contextualization of specific events (Shanghai upgrade, ETF approval, cross boarder payment). The findings of this study suggest that BTC/ETH is more resilient as it is driven by institutional adoption and monetary policy. DASH/NEM was vulnerable to the energy crisis and post-war inflation. Ripple (XRP) partially recovered after regulatory pressure, emphasizing the importance of legal certainty. Investors should therefore consider the risk profile of the asset (BTC/ETH for the long term, DASH/NEM requires close monitoring). Regulators should focus on a clear legal framework to reduce uncertainty, especially for assets like XRP.