War Impacts: If a war starts between Israel and Lebanon, Iran and America will also engage. There is also a talk of war between China and Taiwan, America here also engages.
How Would A War Affect Cryptocurrency:
A war’s effects on cryptocurrencies could be intricate and complicated. The scope and duration of the conflict, the participating nations, and the geopolitical and economic situation across the world are among the many elements that influence the result.
Market Volatility:
Wars often create uncertainty in financial markets. Due to their immaturity and ongoing development, cryptocurrency markets are typically more volatile than conventional financial markets. Investors may seek out safe-haven assets during times of global unrest, such as gold and US dollars, which would reduce demand for cryptocurrencies and increase price volatility.
Flight To Safety:
Investors may seek safety in well-established currencies like the US dollar during times of conflict or geopolitical unrest, which could cause a decline in the value of cryptocurrencies relative to these fiat currencies.
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