Throughout the last 10 years, Bitcoin’s price has remained resilient to war and armed conflict.
As the conflict between Israel and Iran escalates, Bitcoin’s (BTC) price has remained stable.
A look back at previous conflicts shows a similar trend, with factors like adoption and institutional involvement playing a key role.
Analysts like André Dragosch, head of research at Bitwise’s ETP platform ETC Group, have argued that Bitcoin’s price can suffer in the days following the outbreak of a conflict. While volatility in BTC’s price is overall on a downtrend, it is still seen as a risky asset and is likely to be sold quickly when a war breaks out.
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