Why does the war between Israel and Iran, two small countries, cause the price of bitcoin to fall?

First of all, bitcoin cannot be stored as an anti-risk asset at present, so it will not rise when a war is launched. People will sell their stocks and buy more gold, because gold is a recognized safe-haven asset. So you will find that every time a war is launched, gold and crude oil will rise sharply!

Behind Israel is the United States, and behind Iran is Russia. On the surface, it is a war between two countries, but in fact, it is a struggle between two groups.

There are several factors for the United States next:

First, the US election is about to be held, and it is likely that Trump will run for election. This is a political factor. In order to increase the probability of re-election, the Biden administration can only maintain a high-interest economic model. In fact, there are already contradictions within the government, so it is launching a war against foreign countries.

Second, it is the interest rate cut factor. The annual interest rate of the Federal Reserve's bank deposits can reach 5.2%. The purpose is to allow everyone to buy US dollars to deposit assets. China has successively sold 240 billion US bonds and will enter the interest rate cut in December this year at the latest. Once the interest rate is cut, inflation will rise, forming a big economic problem. At present, only by maintaining high interest rates will it not collapse in the final stage of the election. The external victory is just to divert domestic contradictions.

Today is the birthday of the Iranian president, so Iran did not strike back at Israel. According to the past, it should have struck back. Once Iran strikes back, the price of pie will fall.

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