Quote from: Leahized on Today at 06:03:08 AM

Quote from: Trêvoid on June 27, 2025, 10:11:33 PM

Bitcoin is still widely seen as a speculative asset, so during the early stages of war or crisis, its price tends to fall along with other risk assets, but it may rebound as the situation evolves..

It is very natural that the prices of other currencies, including Bitcoin, are reduced due to war. Because Bitcoin has been legalized in the country where many people have gone ahead. And he is used as a state reserve. And if any reason is caused a war with another state, then economically a lot is damaged. He should be sell in Bitcoin and because of this effect Bitcoin begins to decline. Moreover, there are many citizens who had Bitcoin Hold and want to be economically self -sufficient. But now we have no thoughts, because the price of Bitcoin has survived between Iran and Israel's war.

As far as I know, it is only that El Salvador is using it as a national reserve, or at least they are buying it like every day. Unlike other countries like the US, which are just holding their Bitcoin and other crypto that they seized from criminals.

In any case, Bitcoin has proved itself in this kind of situation and it even go for new all time high. So I wouldn't be bothered by the war. On the other hand, it might be good to just continue to buy it when it dips because of the negative effect on the war. Because we might not get a chance again to buy it as a very low price. And looking ahead, it might be the best advise, instead of us glamourizing this war, just saying.