Upon news of the April 14th Iranian attack on Israel, Bitcoin prices swiftly fell over 7% in less than 40 minutes. While initial reactions to global crises are often sharply negative, historical trends suggest a consistent recovery pattern in financial markets following such events.
Bitcoin has emerged as a major player in global finance. However, despite its decentralised nature (or perhaps because of it), it is also known for its profound volatility and heightened sensitivity to international events.
This analysis explores how geopolitical crises and wars influence Bitcoin’s value, comparing its behavior to traditional financial markets during key historical events.
Historical Context: Bitcoin and COVID-19
The COVID-19 pandemic had a dramatic impact on global stock markets, with significant volatility and downturns at its onset, followed by a surprisingly rapid recovery. Here’s a detailed look at the share market and…
