The impact of war between India and Pakistan on the crypto market will largely depend on the scale of the conflict, its duration, global response, and investor sentiment. Although India and Pakistan are not major players in the global crypto market compared to countries like the USA, China, or South Korea, the war between these two nuclear powers could have far-reaching regional and global effects.
Panic among investors and price volatility
Global uncertainty could lead to severe volatility in Bitcoin and other altcoins, potentially resulting in temporary price declines.