The tension between China and the United States not only affects traditional markets but also causes volatility in the cryptocurrency market.
Recently, both countries have been engaged in continuous competition in areas such as AI, chips, and technology blockades, leading to a cautious sentiment among investors. However, on the other hand, some view crypto assets as a tool to hedge against geopolitical risks.
Looking back at history, whenever geopolitical conflicts escalate, digital assets such as Bitcoin often experience a strong rally a few weeks later.
If the situation continues to deteriorate, BTC may become a new destination for global safe-haven funds.