On June 13, Israel launched a large-scale airstrike on Iran, causing the crypto market to fall sharply, with Bitcoin falling below $103,000. How is the war going? Will the crypto market continue to fall or rebound from the bottom?
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https://bitbbs.bitsoul.xyz/topic/6853d139c3ba499d41e5895bLong term, war would actually be good for Bitcoin, as much as I hate to admit it.
Bitcoin is a deflationary asset that is considered the "internet gold". So initially, there would be a crash as people would panic and trade their Bitcoin in for other stuff, like fiat, gold, silver, stocks, whatever. But after a short while, people would flock to Bitcoin as a hedge and safety net. So it would surge. And unless we have war of apocalyptic proportions, in which nothing survives, Bitcoin would stay the safest bet as a global money.