$ETH #IsraelIranConflict

Cryptocurrencies as a Safe Haven: Myth or Reality?

For decades, gold has been the go-to asset in times of crisis. Today, cryptocurrencies like Bitcoin and Ethereum are an increasingly popular choice, thanks to their advantages:

Decentralization: Not controlled by a single institution or government.

Transparency: Transactions can be tracked via public ledgers.

Speed ​​and seamless transfer: The ability to quickly transfer funds globally.

Inflation resistance: A limited number of currencies are available in some protocols.

During the 2022 Russia-Ukraine crisis, Bitcoin's value jumped by more than 50% at times, reflecting a significant investor appetite to escape the volatility of local traditional currencies.