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Impact of Middle Eastern Conflict on the Crypto Market
I. Short-term Impact: Increased Volatility
1️⃣ Decline in Risk Assets
• Short-term capital flows:
• US Dollar
• Gold
• US Treasuries
👉 So common saying: "War starts → BTC drops first"
2️⃣ Surge in Oil Prices → Rising Inflation Expectations
• Middle East is the global energy hub
• War affects oil supply
Chain of impact:
Oil prices rise → Inflation increases → Interest rates may stay high → Suppresses crypto markets
3️⃣ Rising Market Risk Aversion
• Large capital reduces leverage
• Increased liquidations (espec
BTC1,54%
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Yesterday's data came out better than expected.
Bitcoin once again returned to 110,000.
But the international situation remains ever-changing.
So the next step is whether to break through a new high again or to turn down.
It's hard to say.
At the current position, it is still recommended to take a light short position.
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Last night at 2 AM. What an exciting night!
The Federal Reserve announced that interest rates will remain unchanged.
This feeling is neither a positive nor a negative outlook, right?
However, the war in Iraq is still ongoing.
The world situation is turbulent.
I don't know how the future will be impacted.
So it's better to be cautious.
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Currently, major institutions continue to buy Bitcoin.
Bitcoin is gradually becoming a symbol of future market investment trends.
I believe that in the future, Bitcoin will definitely be widely used as a primary payment tool.
I also believe that Bitcoin will definitely become a mainstream currency in the future.
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Will it drop below 0.17 in the short term?
PNUT0,7%
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Pi coin explosion🚀
PI-0,46%
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How much on Pi
PI-0,46%
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EarnATslFirst:
Add Zero
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