When war breaks out, gold is worth ten thousand taels, but the cryptocurrency market may suffer first!
The Russia-Ukraine conflict escalates again, and the cryptocurrency market is about to be 'bloodied' again! Latest news shows that the 'Friendship' oil pipeline has been bombed, exacerbating the European energy crisis, with funds frantically seeking safe havens. JPMorgan Chase directly poured cold water on the situation: 'A ceasefire within the year is out of the question!' This means that market panic will only intensify. Historical data shows that when the Russia-Ukraine conflict started in 2022, Bitcoin plummeted by 10% in a single day; this time the script could be even harsher - the EU's 4 billion military aid is being sent to Ukraine, the Netherlands is deploying Patriot missiles, and geopolitical risks are at an all-time high. Can Bitcoin (BTC) withstand it?
Don't be fooled by short-term rebounds! Every time the conflict escalates, the cryptocurrency market always 'falls first to show respect.'
In February 2022, when Russia just sent troops, Bitcoin dropped from $43,000 to $35,000, causing leveraged players to collectively face liquidation. This time, Trump has stated, 'Sanctions against Russia within two weeks,' combined with attacks on energy facilities, the market's panic index (VIX) has already soared, and funds will inevitably flee high-risk assets. Unless a black swan event occurs (such as Putin suddenly announcing the use of BTC to settle oil), the short-term outlook remains bearish!
