If World War III were to occur, the price of Bitcoin could be significantly affected, but exactly how much it would drop depends on many factors. In such global circumstances, many traditional financial markets would face a crisis, and investors might seek safe havens for their capital. On the other hand, as a digital asset, Bitcoin could experience extreme volatility.
Factors affecting Bitcoinâs price in such a scenario may include the following:
1. Investor demand: Some might view Bitcoin as a store of value due to its decentralized nature and resistance to government control.
2. Access to electricity and the internet: The infrastructure that Bitcoin relies on, such as electricity and the internet, could be compromised.
3. Market psychology: Global conflicts might cause panic among investors, leading to a massive sell-off of digital assets like Bitcoin.
However, it is impossible to predict the exact decline in price, as it would largely depend on the global community's reaction and the specific conditions of that time.$BTC
