Impact of External Conflicts on Bitcoin in Recent Years
Russia-Ukraine War: February 24, 2022
On the day of invasion and in the short term, BTC rapidly dropped from about $38,000 to a low of approximately $34,300, a daily decline of about 10%.
Although it was early in the bear market, Bitcoin rebounded to $48,000 within the following month.
Escalation of direct conflict between Iran and Israel: April 2024
Iran suddenly launched an attack on Israel, causing Bitcoin to fall from about $67,000 to $60,908, a short-term decline of around 8%.
Within the next month, Bitcoin quickly regain
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