$USDC In fact, every time there is a war in the Middle East, the cryptocurrency market tends to shake, but often bounces back afterwards. For example, during the 2020 US-Iran conflict, Bitcoin rose by 50% in a month; during the 2022 Russia-Ukraine war, it rebounded by 40% in a month as well. However, in recent times, the reactions have been getting faster. For instance, during the 2023 Israel-Palestine conflict, it took just a week to recover losses, and in 2024, following the Iranian drone attacks, it was even restored in 24 hours. But this time is different, as Israel directly bombed Iranian nuclear facilities, which could trigger a full-scale war, leading to a more intense market reaction.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.