Quote from: avikz on Today at 05:06:51 AM

Quote from: SpaceSuite on April 13, 2024, 11:23:54 PM

Khamenei tweets about punishing Zionist regime: https://twitter.com/khamenei_ir/status/1779250053909028956
Iran launches air attack on Israel
Israel tweets about Sirens over Jerusalem: https://twitter.com/Israel/status/1779280619979030535
Israel-Iran War Fears Suddenly Spark $500 Billion Bitcoin And Crypto Price Crash

What is next? Roll Eyes

Crypto should see a positive impact! Gold should see a positive impact. Crude oil price will go up. Inflation hit countries are going to suffer even higher inflation. That's my takeaway from the recent conflict between Iran and Israel.

I see my country's stock market is bleeding since morning! While I am writing this post, it's continuing! Oil and oil refinery related stocks are really bleeding the worst today!

However, cryptos like Bitcoin and ETH should show a positive impact in a couple of days. When investors will pull out the funds from the stock exchanges, they will surely find a new way to invest. That's where crypto and gold will become the preferable choice for many!

If war really breaks out, things won't work as you say, look at the war between Russia and Ukraine, Gold is the only asset that benefits because it is always the safest haven. Investments like stocks and cryptocurrencies will be dumped as they are much riskier, especially crypto assets are listed as volatile and risky assets. But luckily there will be no war, everything is over and good news is about to come when Hong Kong approves ETF funds for both BTC and ETH. Therefore, there will not be a collapse or dumping as many people fear.