Post
Topic
Board Speculation
Re: Why does war always affect the price of Bitcoin
by
davis196
on 06/07/2025, 11:22:42 UTC
It's so notable that the price of Bitcoin is always affected whenever there is war among some notable countries in the world and this makes me to wonder  why Bitcoin price is always impacted negatively by war. For instance, Bitcoin saw sharp declines during the 12-day Israel-Iran conflict, but prices rebounded after the announcement of a ceasefire.
What's your opinion on this??

https://www.google.com/search?q=why+is+bitcoin+affected+by+war&client=ms-opera-mini-android&channel=new&tpsf=opminienpf#sbfbu=1&pi=why%20is%20bitcoin%20affected%20by%20war

The prices of volatile assets dropping every time when there's something bad happening around the world? Who would've imagined? Grin
The BTC price didn't drop bellow 100K during the Israel-Iran conflict. What "sharp decline" are you talking about? If you think that a price drop from 109K to 102K is a "sharp decline" then you are an obvious crypto noob. Grin Calm down and don't panic every time the price drops by 5-10%.
The prices are dropping because some traders are selling. Why the traders are selling? Some traders are panicking, other traders are acting as "bears". They expect the price to drop, so they sell now in order to buy at a lower price after several days.