📉 With crypto market caps continuing to sink Wednesday, many are associating the drops with the Iran and Israel conflict.

📊 Based on previous recent instances of major real world conflicts, cryptocurrency prices saw initial drops, followed by major rebounds:

🇮🇱🇵🇸 Israel & Palestine conflict: Oct. 7, 2023

📉Bitcoin -5% in first 4 days

📈Bitcoin +12% the following 9 days

🇺🇦🇷🇺 Ukraine & Russia conflict: Feb. 23, 2022

📉Bitcoin -10% in first 1 day

📈Bitcoin +27% the following 6 days