#IsraelIranConflict
The escalation in the conflict between Israel and Iran has once again highlighted the influence of global geopolitics on Bitcoin. Various analysts have shared their opinions on what could lie ahead for the digital currency and its ecosystem in the current context of tension.
In market terms, last Thursday, June 12, the price of bitcoin (BTC) fell nearly 4%, dropping from USD 108,500 to USD 103,500 following the massive airstrike launched by Israel against Iran. This sparked a series of retaliations between both nations that continue to be reported in media around the world.