The US natural gas market is gearing up for what could be its largest weekly spike in recorded history. Energy traders are drawing parallels to the legendary "Blizzard of '96," a severe weather event that once sent commodity prices soaring and caught markets off guard.

This week's price action reflects growing concerns about supply disruptions amid extreme cold forecasts sweeping across major production and consumption regions. The scale of this move is notable—we're talking record-breaking territory here. For investors tracking macro trends and asset correlations, this kind of energy volatility matters. Energy commodities often move in tandem with broader market cycles, inflation expectations, and macroeconomic cycles that indirectly impact crypto volatility and portfolio diversification strategies.

Historical precedent matters in markets. When institutional capital gets spooked by commodity spikes like this, it can trigger hedging flows across multiple asset classes, including digital assets. Keep an eye on how this unfolds—extreme moves in traditional markets often ripple outward.