Crypto is a stock market and also it can be affected by some wars and pandemic like situations.
Crypto is a "Speculative" market and stocks belong the same class too. But crypto and stocks are not the same. All speculative markets are affected by ongoing global events big enough to impact the economy, like a pandemic, a disaster, an ongoing war etc.
So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus.
What are your thoughts?
A lot of bad things can happen but we can only speculate. Its a questions of ifs and buts.
I think that could be the reason of crash.
You cant pinpoint a single reason for a single movement, that would be an oversimplification. At present the market is bullish. If you are betting on short, then good luck to when that happens.
What does War Crimes have to do with this?
