The Impact of Geopolitical Turmoil on Bitcoin: Is the Great Crypto Market Crash Beginning? $BTC

A new conflict in the Middle East has led to a collapse of Bitcoin along with global markets in recent hours. This occurred after Israel struck Iran, and Iran retaliated in kind, escalating the conflict. So, does geopolitical turmoil usually have a negative impact on Bitcoin? In fact, the answer is not always a definitive no or yes, and this will drive us to study the recent price movements of Bitcoin based on geopolitical conflicts. Let's learn more.

The impact of geopolitical conflicts on Bitcoin and crypto is always faster than other financial assets. This is due to the fact that crypto is the highest-risk financial asset and the least stable. Therefore, it makes sense to exit crypto as soon as there is a sense of insecurity due to political conflict. However, if it turns out that this political conflict is not as bad as investors expect, crypto is the first asset to benefit from this, and Bitcoin begins to rise dramatically. In the following paragraphs, we will learn more about Bitcoin's reaction during some of the political conflicts that have occurred in recent years and shaken the entire world.