🪖 Israel–Iran War: Impact on Crypto
1. Market Fear: War increases global uncertainty, causing investors to exit risky assets like crypto. Prices often fall.
2. Oil & Inflation: Rising oil prices can fuel inflation, prompting tighter monetary policy—bad for crypto.
3. Local Demand Boost: In conflict zones, people may turn to Bitcoin as a store of value, but it’s usually outweighed by global sell-offs.
4. Cyber Threats: War can lead to cyberattacks on crypto exchanges and infrastructure, increasing risk.
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Example: After Israel’s strikes, Bitcoin dropped below $103K, and Ethereum dipped to ~$2,520.