BTC! How does the conflict in the Middle East affect the price of Bitcoin?

In the last 24 hours, the price of Bitcoin (BTC) has seen a 7% drop. The reason? The escalation of the war conflict in the Middle East.

Today, April 13, Israel reported airstrikes by Iran. These types of geopolitical events have a direct impact on financial markets, including cryptocurrencies. To understand the relationship between these events, it is crucial to understand that Bitcoin does not operate in a vacuum.

Like other financial assets, it is influenced by a variety of global macroeconomic factors. Among them, military conflicts occupy a prominent position due to their immediate effect on investors' perception of risk. During situations of military tension such as the current escalation between Israel and Iran, an environment of uncertainty and fear is created at the international level. world. Investors, seeking to protect their capital, tend to become more cautious.

This risk aversion results in a decrease in demand for assets considered risky, such as Bitcoin. Despite its growing recognition as a store of value and digital gold, Bitcoin is still perceived by many in the financial market as a high-risk asset. due to its historical volatility and relative youth. The decision of investors to withdraw their capital from assets such as BTC in times of crisis leads to an increase in the supply of the asset in the market, without a corresponding increase in demand.

This results in a decrease in its price, in line with the fundamental economic principle of supply and demand, which affects all financial markets.

In summary, geopolitical events such as the conflict in the Middle East can have a significant impact on the price of Bitcoin and other cryptocurrencies, as investors react to global uncertainty by adjusting their investment portfolios to mitigate risk.