As geopolitical tensions rise between Iran and Western countries, global markets have begun to fluctuate, raising an important question:
Will Bitcoin be negatively affected as a high-risk asset, or will it prove itself as a safe haven in times of instability?
In this article, we examine the implications of events in Iran on the crypto market, especially on Bitcoin $BTC
🔥 Geopolitical Scene: What is happening?
The last few weeks have seen military escalation and fiery statements between Iran and Israel, with indirect interventions from major powers, followed by attacks on Iran's nuclear facilities and the bombing of the Al-Udeid Air Base in Qatar by Iran.
Amid fears of disruptions in oil supply chains (especially in the Gulf).
Traditional markets have begun to feel the impact: gold is rising, the dollar is fluctuating, and stock markets are experiencing selling pressure.
In crises, Bitcoin is sometimes viewed as a safe haven, but it remains a volatile asset. In military crises, there is a dual model:
- If the crisis is short, investors turn to traditional safe havens (Gold/Dollar).
- If the crisis is long or linked to money supply, people start turning to crypto (example: Ukraine and Russia).
Iran is considered one of the countries that has used cryptocurrencies to evade financial sanctions. Reports have indicated that Iran is using local Bitcoin mining operations as a tool to compensate for the shortage of foreign currencies. Any tightening of sanctions may drive more individuals and Iranian entities to use Bitcoin, which could increase demand in the region.
✅ Conclusion:
The impact of war on Bitcoin depends on how deep the crisis is and the reactions of major countries. Bitcoin may show resilience as a store of value, but it is not immune to public panic in the markets. Daily monitoring is required, and opportunities may exist in the volatility.
📌 Do you think $BTC will withstand regional tensions? Share your opinion with me