As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.
It is just speculation at this point, we can't really say if people in Iran or at least people affected by the supposedly war between Iran/US are selling and moving their assets to cryptocurrency to hedge their wealth. But if they did, it make sense but I'm not sure if this is the wise thing to do though. We don't wish any war, and I don't think that we are close to it. Let's just say that everything is still based on supply and demand.