Iran vs Israel: Risks for Cryptos
The conflict between Iran and Israel has deep roots: since the Islamic Revolution of 1979, Iran has maintained a hostile stance towards Israel, while Israel sees Iran as an existential threat, especially due to its nuclear program. Over the years, both countries have clashed indirectly in Syria, Lebanon, and through cyberattacks.
⚠️ Why does it matter for cryptos?
1. Geopolitical instability: Any military escalation can shake global markets. In times of tension, investors seek refuge in assets like gold... or $BTC .
2. Sanctions and blockades: Iran has used cryptocurrencies to circumvent international sanctions. More sanctions could push more countries towards alternative financial systems like cryptos.
3. Cyberattacks: Both countries are active in digital warfare. A major cyberattack could affect exchanges or blockchain infrastructures.
🔍 Conclusion: Conflicts in the Middle East not only impact oil, but they can also move digital markets. Staying informed is key in the crypto world!