2024

Bitcoin

when

<p>In times of geopolitical instability, historically, Bitcoin (BTC) has seen significant volatility as investors of the financial markets shift their liquidity towards safer assets — including riskier cryptocurrency assets.</p>
<h2 class="wp-block-heading" id="russia-ukraine-invasion">Russia-Ukraine Invasion&nbsp;</h2>
<p>Russia invaded Ukraine on Feb. 24, 2022, when BTC price was roughly $39,000 — down from around $44,500 just a week prior. The downturn stemming from the impending invasion of Ukraine posed aversion to risk and uncertainty among investors.&nbsp;</p>
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1567" height="857" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-703.png" alt="" class="wp-image-474598" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-703.png 1567w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-703-300x164.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-703-1024x560.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-703-768x420.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-703-1536x840.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-703-2048x1120.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-703-274x150.png 274w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-703-100x55.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-703-640x350.png 640w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-703-788x430.png 788w" sizes="(max-width: 1567px) 100vw, 1567px">
</figure>
<p>By March 1, 2022, BTC price had recovered almost completely back to around the $44,000 mark. Following the peak of volatility, BTC price saw an uptrend towards $48,000 at the end of March, 2022,&nbsp; only to steadily collapse through the year — beginning 2023 at around $16,600.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="israel-palestine">Israel-Palestine&nbsp;</h2>
<p>Hamas attacked Israel on Oct. 7, 2023, when BTC price was roughly $28,000. In contrast to the Russian invasion of Ukraine, BTC price fell less than 6% to roughly $26,500 over the following five days.&nbsp;</p>
<p>By Oct. 25, 2023, BTC price reached $35,000 only to stumble almost 5% by Oct. 27, 2023, when Israel invaded Gaza. Starkly different to the price volatility of 2022, BTC price broke $40,000 by early December 2023, and went on to break above $73,000 for the first time on March 12.&nbsp;</p>
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1567" height="857" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-701.png" alt="" class="wp-image-474582" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-701.png 1567w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-701-300x164.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-701-1024x560.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-701-768x420.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-701-1536x840.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-701-2048x1120.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-701-274x150.png 274w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-701-100x55.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-701-640x350.png 640w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-701-788x430.png 788w" sizes="(max-width: 1567px) 100vw, 1567px">
</figure>
<h2 class="wp-block-heading" id="what-to-expect">What to Expect</h2>
<p>In light of the retaliatory attack on Israel by Iran — BTC price crashed from highs of $67,000 just two hours ago to current lows of $62,000 at the time of writing.&nbsp;</p>
<p>As geopolitical tension escalates — Israel expects Iran’s salvo <a href="https://www.bbc.co.uk/news/world-middle-east-68810053" target="_blank" rel="noopener noreferrer nofollow">to hit by 23:00 GMT</a> — market risk asset sell-offs are likely to continue, as liquidity seeks safer havens as a store of value.</p>
<p>However, interestingly gold — typically considered a safer store of value — has witnessed a sharp downturn in price, losing around $100 per ounce within the last five hours. Besides, this downturn could be indicative to a more widespread sell-off as investors move away from multiple asset classes or recoup losses.</p>
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="1567" height="857" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-702.png" alt="" class="wp-image-474590" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-702.png 1567w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-702-300x164.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-702-1024x560.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-702-768x420.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-702-1536x840.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-702-2048x1120.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-702-274x150.png 274w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-702-100x55.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-702-640x350.png 640w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-702-788x430.png 788w" sizes="(max-width: 1567px) 100vw, 1567px">
</figure>
<p>Potentially the result of a panic response to immediate global economic implications, the months ahead now look to be setting up a bleak outlook of a bearish start to the summer.</p>
<p>Less than a week away from the Bitcoin 2024 halving event — with many miners preparing to have their earnings cut in half — the timing of this geopolitical event makes for the perfect cryptocrash storm ahead.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/how-did-war-conflicts-influence-bitcoin-btc-price/" rel="noopener noreferrer nofollow">How Did War Conflicts Influence Bitcoin (BTC) Price?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

How Did War Conflicts Influence Bitcoin (BTC) Price?

Table of Contents

CaptainAltcoin

Other articles published on Apr 14, 2024

The Rise of Generative AI in Healthcare Faces Scrutiny and Skepticism

Heavy Blow to Dogecoin Investors as Liquidations Surge

Tether Unveils Tokenization Platform: “Tokenize Anything” on the Horizon

Novogratz Predicts Bitcoin (BTC) Will Resume Uptrend After Enormous Crash

Bitcoin Cash Sees Sharp Decline in Open Interest and Price Following Halving, Contrasting 2020’s ...

Top Crypto Gainers Today Apr 14 – Celestia, Arweave, UNUS SED LEO, Pax Gold

Join our free newsletter for daily crypto updates!