The conflict in the Middle East generates a dual impact on cryptocurrencies, functioning as a risk asset and a safe haven. In the face of a military escalation, the immediate reaction is risk aversion: investors sell volatile assets to take refuge in gold or the dollar, causing sharp declines in Bitcoin, which in 2026 has recorded corrections of 3-5% in just a few hours due to massive liquidations.
However, the market shows a quick resilience. If global energy supply remains stable, Bitcoin tends to rebound around US$ 70,000, driven by institutional ETF flows and its utility for transferring capital in areas under sanctions or banking instability. Finally, war affects physical infrastructure, damaging mining centers and causing digital blackouts that limit local trade. In conclusion, although geopolitics generates initial volatility, the narrative of Bitcoin as "digital gold" tends to strengthen in the long term.$BTC
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