$BTC Bitcoin is navigating turbulent waters as geopolitical tensions flare. Following Israel’s airstrikes on Iran, *BTC dipped to $103K* before rebounding to around *$105K*, reflecting investor unease amid rising oil prices and global uncertainty.
Traditionally seen as a hedge, Bitcoin is now behaving more like a *risk asset*, with traders shifting toward gold and oil as safer bets. Analysts warn that if oil surges to *$120/barrel*, inflation could spike, prompting potential *Fed rate hikes* —a scenario that historically pressures crypto markets.
Despite short-term volatility, Bitcoin remains resilient. It recently hit an all-time high of *$111,970* in May, buoyed by ETF approvals and pro-crypto sentiment from the Trump administration.
Still, the current conflict underscores a shift: in times of war, *liquidity trumps narrative*. Investors are prioritizing cash and stability over digital assets.
As the dust settles, Bitcoin’s long-term trajectory may hinge on macroeconomic policy and whether it can reclaim its role as a *digital safe haven*.
