
Josephina
@josephin1
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29 Followers
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Yes, Bitcoin's price is sensitive to geopolitical events. Uncertainty from conflicts, sanctions, or political instability often drives investors to safe-haven assets, including Bitcoin, boosting demand and prices. For example, during U.S.-China trade tensions or Middle Eastern conflicts, Bitcoin has seen price surges as a hedge against fiat currency risks. Conversely, regulatory crackdowns, like China's 2021 crypto ban, can trigger sharp declines by limiting market access. Geopolitical shifts also influence investor sentiment, with Bitcoin's decentralized nature appealing during centralized financial disruptions. However, its volatility means reactions varyβpositive for safe-haven demand, negative for regulatory fears. Global economic policies tied to geopolitics, like U.S. sanctions or EU regulations, further sway prices. While not always predictable, Bitcoin's price often reflects these complex dynamics, amplified by market speculation and media coverage. 0 reply
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