Quote from: Silberman on Today at 06:10:50 PM

Quote from: Kemarit on Today at 03:08:13 AM

This is by far the most popular opinion, indeed the war didn't affect the price of bitcoin but instead it went the other way around. I don't think there is FUD right now, so I'm not seeing the price going down for the month of April unless there is going to be like a big cashout from whales and then there will be panic soon afterwards.

So let's just enjoy our mini bull run if we can it like that, although the price target should be at least $50,000.

What happens is that when the war first broke out everything went down as the markets hate uncertainty, but once we became more certain about the direction the war was taking, even if that direction wasn't something that we wished for, then that uncertainty began to fade away and bitcoin went back to its previous levels, and when we take into account that both sides of the conflict are showing an interest in using bitcoin for their needs this increased the speed of the bitcoin recovery in a significant way.

Yes. Initially, after Russia launched its invasion on Ukraine, investors dumped riskier assets causing Bitcoin's price to fall by 8%. Here are some charts from a Reuters article showing the performance of cryptocurrencies during the war so far.

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