Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.
I agree with you there that global events such as political conflicts, economical sanctions, and regulatory changes can affect the price of Bitcoin and other cryptocurrencies. For example, when there is uncertainly or instability in the global financial system, some investors may turn to cryptocurrencies as a store of value or a safe haven asset, On the other hand, negative news or actions from governments or central banks can create fear and uncertainty among investors, leading to a decrease of demand and a drop in prices.
The relationship between geopolitical events and the cryptocurrency market is complex and multifaceted, and it is important for investors to carefully consider a range of factors when making investment decisions.