Why does Bitcoin fall in troubled times?
In times of war, investors may feel panic and uncertainty, and thus adjust their portfolios to safer assets. Bitcoin, as a riskier asset, may be sold off by investors in this situation, causing its price to fall in the short term.
In addition, war may also lead to rising energy prices, exacerbating inflation, and further affecting the mining cost and market supply and demand of Bitcoin. All of these factors may have an impact on the price of Bitcoin.
However, it should be pointed out that the fluctuation of Bitcoin prices is affected by many factors, including global economic conditions, policy changes, market sentiment, etc. Therefore, the Israeli-Palestinian war is only one of the possible factors, and its impact needs to be analyzed according to the specific situation.
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