The war influences cryptocurrencies, such as Bitcoin (BTC), primarily through immediate volatility and its dual strategic function. Initially, panic usually causes price drops as investors sell risk assets to seek refuge in gold.
However, BTC also acts as a digital refuge and utility tool:
ScienceDirect.com
ScienceDirect.com
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Neutrality: By not depending on states, it allows citizens in conflict zones to protect their value against the
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