what does war with iran do for bitcoins?
I see that there are many Bitcoin experts today who predict Bitcoin to come, this time the war is different from the war that has taken place before in the Middle East, We all understand that the war that occurred before did not have an impact on the crypto market or bitcoin.
However, this time the war is different, where the country that was once safe and they can freely go to the crypto market and do this time, not, They were also subject to a reply attack which resulted in their infrastructure to be destroyed and many losses from all parties.
For this reason, Bitcoin this time will experience a drastic change caused by the Iran Vs. War. Israel, but we can see how agreement to this war, if there is no meeting point or continuing, of course we will see something that will happen to Bitcoin.
Yes, this war does have a little impact, we can see when the US attacked Iran's nuclear site the price of bitcoin dropped but after Trump declared a ceasefire the price of bitcoin rose again. Because of course the effect of war on crypto is there, especially since people start to panic to save their assets, because the war creates uncertainty in the global market and during the war the direction of the economy is also very easy to change, because with one attack or one statement from one of the countries in conflict can change everything. Not to mention as you said the damage to infrastructure and the many businesses that suffered losses from all parties will certainly have an impact on the market.
If you look at the current war agreement, it seems that a meeting point has been found and will not be continued, both parties have agreed to a ceasefire. However, if there is another war, it is not impossible that the price will fall again because this threatens the closure of the Strait of Hormuz which will have a major impact on the global economy and this will also have an impact on crypto. However, I am also sure that even though there is an impact on crypto, it will only recover shortly after that, because bitcoin is also one of the hedging assets when the global economy is not doing well.