Post
Topic
Board Bitcoin Discussion
Re: Iran-israel war VS Bitcoins growth
by
Stable090
on 06/07/2025, 20:08:38 UTC
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.
What I know is that no matter how low bitcoin price goes, as long as you can hold, then it’s going to bounce back. Israel and Iran war didn’t have much impact on bitcoin price, I expected bitcoin price to drop below the price which it’s dropped during the war, but bitcoin price didn’t drop so low, bitcoin price dropped to $98k the night which US attacked Iran nuclear facilities, but bitcoin price bounced back so quickly, and as we can see the war has ended, and bitcoin price has bounce back already, am just surprised that bitcoin price bounced back so quick, the war ended not long ago, and it’s already looking like nothing happened.