menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitcoin: W...
source image

Coindoo

4w

read

17

img
dot

Image Credit: Coindoo

Bitcoin: What Happened With The Price in 2024 When Israel and Iran Exchanged Fire?

  • Traders are examining how Bitcoin reacted when Israel and Iran engaged in conflict in 2024 and are considering its implications.
  • Geopolitical tensions between Israel and Iran in 2024 and 2025 led to short-term price fluctuations in Bitcoin.
  • During the 2024 conflict, Bitcoin initially dropped but quickly recovered and surged above $110,000.
  • In 2025, headlines about renewed conflict triggered another brief correction in Bitcoin.
  • Bitcoin's current consolidation during the Israel-Iran tension resembles the previous pattern before a bounce.
  • Past reactions suggest that despite panic selling, geopolitical turmoil can also result in renewed accumulation in Bitcoin.
  • Bitcoin's consolidation amidst current tensions could potentially precede a price increase, drawing investors to hard assets like BTC.
  • Traders are advised to be cautious but note that past responses to geopolitical events have presented opportunities amid volatility.

Read Full Article

like

1 Like

For uninterrupted reading, download the app