What does the price of bitcoin have to do with Israel's attack on Iran?
We are still in a transitional phase, where old financial logics coexist with a new way of understanding value.
The price of bitcoin (BTC) dropped sharply yesterday, June 12, below 104,000 dollars, in what was an immediate market reaction to a major geopolitical news: Israel launched a massive airstrike against Iran.
In addition, the Israeli government declared a national state of emergency and justified its actions as a "preventive response" to the alleged imminence of an Iranian nuclear weapon.
