#VietnamCryptoPolicy

War and Cryptocurrencies: Are They a Safe Haven or a Volatile Wave?

Cryptocurrency markets are experiencing noticeable fluctuations influenced by geopolitical developments. After a period of decline due to tensions in the Middle East, the market witnessed a recovery as the intensity of the conflict decreased.

Cryptocurrencies, especially Bitcoin, exhibit dual behavior. Sometimes, they act as a short-term safe haven that attracts investors during times of global uncertainty. However, at other times, sudden events lead to sharp fluctuations and the selling of high-risk assets.

As the correlation between cryptocurrencies and traditional markets increases, along with the entry of major institutions, their role is changing. They are no longer completely insulated from the impact of global events, but they are gaining more stability and resilience.

Do you see cryptocurrencies as a future investment haven, or are they still highly susceptible to global events?