#IranAttackIsrael 2️⃣ High Volatility in Crypto
Wars increase geopolitical risk, which leads to large price swings in cryptocurrencies.
Studies show geopolitical tension can significantly increase Bitcoin volatility and price fluctuations. �
Taylor & Francis Online +1
So during war you often see:
Sudden crashes
Quick rebounds
Large liquidations in futures markets
BTC
68,466.91
+2.36%
XRP
1.3558
+2.65%
ETH
2,129.62
+3.19%