War significantly affects cryptocurrencies, especially Bitcoin. When a war starts, investors become fearful and flee from risky assets like cryptocurrencies, causing a decrease in their prices. However, at the same time, some consider Bitcoin a safe haven against inflation and geopolitical instability, which leads to an increase in its price.

In the Russian-Ukrainian war, Bitcoin's price dropped by about 50% initially, but then it rose significantly. In the Iranian conflict, Bitcoin's price dropped by about 4000 dollars within hours, but then it regained its value.

Factors affecting Bitcoin's price during wartime:

- Fear and panic: Investors are afraid and flee from risky assets.

- Inflation: Bitcoin is considered a safe haven against inflation.

- Economic sanctions: War leads to economic sanctions that affect cryptocurrencies.

- Liquidity: War affects liquidity in financial markets ¹

What do investors expect?

- Short-term volatility: Bitcoin will experience significant volatility during wartime.

- Long-term stability: Bitcoin may regain its value in the long term.

- Increased investment: Investors can increase their investments in Bitcoin as a safe haven $BTC $ETH $SOL