The truth is that Bitcoin operates independently of centralized governments, and this makes it more vulnerable to geographical influence than the fiat currencies. Many investors turn to Bitcoin as a hedge during difficult times like this, that's the same way gold has been used in the past. So despite the Iran-israel war and the US involvement which could affect or destabilize the market, Bitcoin stood strong and even increased from $100k to $105. We need to know that due to it's fixed supply and it's growing adoption all over the world helps it to reinforce it's value. So as currency devaluation continues to concern global economics, Bitcoin gives an alternative store of value that is not at all tied to any ones country's Faith. No matter the conflict of any country, Bitcoin still grows. The headlines about the war might look scary, just take a look at it's recent rebound which is still a reminder that Bitcoin is built to endure though time and that's exactly what we love about it and also why people trust it with their investments.
In my experience, the only hits that Bitcoin takes during devastating political or economic events are completely superficial and based primarily on speculative fear-selling. By which I mean "let me take my fiat's worth out of Bitcoin because the price might drop due to X thing or Y event". To me this is a buying opportunity. In the long run, Bitcoin keeps going up and due to its inherently deflationary nature (which is hard-wired), it will keep growing in value, regardless of what happens in the world (unless it is an apocalypse where everyone dies).
Use the fear, buy the coin.
