Post
Topic
Board Economics
Re: India vs Pakistan
by
Young_Prof
on 17/05/2025, 20:02:37 UTC
We have become accustomed to seeing wars in Ukraine and Russia in recent several years. The same is happening with Israel and Palestine. Russia has announced a ceasefire from May- 8 to May -11, and a positive decision may be made for a permanent ceasefire in the future. The global economy continues to be in a negative trend and if there is a new war between these Asian neighbors the situation could get even worse. This could have a negative impact on the crypto market but the likelihood of such dumping is likely to be low because both countries are much poorer and populous than Europe. I think they might not want to involve war so they can become more poorer.
War has a way of influencing the international market globally, and its impact has a way of breaking technical analysis for both trader of forex and crypto alike. Hence in the short-term if war break out between this two countries the velocity of economic activities within the crypto and bitcoin will shoot-up, and mostlikely lead to a spike/bullish trend. However in the long-run the market stable.