Political events and military conflicts have a direct impact on the cryptocurrency market. During times of war, such as the conflicts in the Middle East, the war in Gaza, and India and Pakistan, cryptocurrencies have experienced sharp fluctuations, raising doubts about whether they are a viable investment or a safe haven. Some governments, like the previous U.S. administration, supported cryptocurrencies with stimulative policies, while trade wars and sudden decisions created a state of instability.
Despite the belief that cryptocurrencies may provide an alternative during crises, their extreme volatility makes them a risky option or better for investment amid global tensions.#TradeOfTheWeek #CryptoComeback #WarOnCrypto #BTCBackto100K
