What happens to crypto assets if Israel and Iran go to war?

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ju5t_f4rmMember
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#1Feb 15, 2023, 10:45 AM
So, on June 13, Israel hit Iran with a major airstrike, and the crypto market took a nosedive, with Bitcoin dropping below $103,000. What's going on with the conflict? Do you think the crypto market will keep sinking or are we gonna see a bounce back?
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the_matrixSenior Member
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#2Feb 17, 2023, 05:49 AM
It depends on how the conflict intensifies and if other nations will be dragged into the conflict, right now it doesn't look like that and i believe a resolution is probably closer than allies joining in the fighting. If it develops into a full blown war, then crypto assets would fall in price, that is normal, but it isn't only crypto assets that will suffer, the global economy would also suffer, the price of oil is already increasing, imagine what will happen in a full blown war and how it could contribute to more inflation.
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b0ss2016Full Member
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#3Feb 17, 2023, 09:55 AM
Gonjeshke Darande, or “Predatory Sparrow,” claimed the attack, reportedly responsible for destroying nearly $90 million and threatening to expose the platform's source code. Nobitex, one of the largest cryptocurrency exchanges in Iran was also targeted. Gonjeshke Darande also claimed to have destroyed data at Iran's state-owned Bank Sepah. In the initial conditions, the war may have caused panic, so many investors diverted their funds. But that was just the beginning, in the end I saw that Bitcoin was able to maintain its value. Bitcoin can always make a good change. I think Bitcoin more afraid of the FED than the war. Source: https://www.reuters.com/world/middle-east/iran-crypto-exchange-hit-by-hackers-90-million-destroyed-2025-06-18/
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nova_foxMember
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#4Feb 17, 2023, 10:25 AM
I don't think crypto will be free from this conflict since it appears the Israelis have attacked crypto infrastructure to choke out Iranian funding. Crypto markets are like a leveraged bet that investors are hungry enough to take on high risk assets; any uncertainty and people will move to safe assets like gold. Bitcoin to $10 if Tehran goes nuclear, not nuke proof since it relies on functioning electrical and internet capacities to be used in transactions and investments
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LoneRocketSenior Member
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#5Feb 17, 2023, 02:14 PM
In war, everything is affected, including global stock markets and cryptocurrencies. Fortunately, we see that Bitcoin and cryptocurrencies are much less affected, and they may even experience a recovery due to people turning to Bitcoin as a safe haven asset. The conflict between Iran and Israel is still in its early stages, and its impact is limited so far. But, if the conflict continues for a long time, we will certainly see significant and serious repercussions for the global economy, given that the Middle East isa critical region for the world's energy supply, both in terms of production and through important maritime routes such as the Strait of Hormuz and the Bab al-Mandab Strait.
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ledger_protoFull Member
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#6Feb 18, 2023, 03:20 AM
The Federal Reserve has decided not to cut interest rates and will continue to keep them quite high, many people even predict that there will be no rate cuts this year. But I don't see any negative reaction from bitcoin to the Fed's decisions or Powell's statement today. Bitcoin is still considered a speculative asset rather than a safe haven like gold, so it will fear negative news, especially news destabilizes geopolitics and the world economy. There's no evidence that bitcoin fears the Fed more than it fears war...It all depends on the severity of each event.
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yield_hawkSenior Member
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#7Feb 18, 2023, 03:45 AM
This could be just the initial reaction of the market, it might go down. But don't you worry, I don't think that effect will last that long. Specially that we are in the bull run, sooner or later the market will bounce back and even go and increase again. Also I don't think that there will be the majority that are going to sell just because of the looming war. We have a lot of educated and smart investors here, just because there is a war in the Middle East means that we are going for a sell off.
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pixel2014Hero Member
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#8Feb 18, 2023, 08:20 AM
It is just a market reaction and nothing more. That happened when Russia attacked Ukraine, but what happened after? Bitcoin increased in price back that day and later bitcoin get to all-time high multiple times. You can make better speculation based on if there is coming bear season, but do not consider this war for speculation except you are a trader which speculate in short term.
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c0in23Full Member
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#9Feb 18, 2023, 12:03 PM
You’ve got a point, it feels like this war isn’t really new to us anymore. Other countries that aren't directly involved probably won’t react much, so we should be fine for now. The only real concern is if this escalates into something like World War 3, which we all hope won’t happen. But from a market perspective, sentiment should actually be positive. Both countries involved will face economic struggles, and in situations like this, crypto stands out as one of the best hedges against the negative impact on traditional markets.
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tom_ninjaFull Member
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#10Feb 18, 2023, 12:26 PM
They are already into war. And an all out war between this country will heavily impact the market especially the oil price. However, I believe Bitcoin will not be heavily affected in long term since its frequently being use as safe haven asset in time like this. If big country like US, China and Russia join on this war I believe the impact will be long term. But I doubt they will directly involved on this war while everything is running smoothly on their end. Probably, this war will just create a short impact on the crypto market but it will recover back again.
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DarkByteFull Member
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#11Feb 18, 2023, 12:36 PM
The crypto market is not too down still holding around $104K meaning nothing is crashing and I think the stock market is the same, it's just that there must be concerns that where there is a war it will affect everything. It seems like this conflict will heat up even more especially where the US intervenes to Iran to submit... but Iran doesn't want to do that this is what still makes the war possible to continue for a long time. Some observers say that if this war continues then the impact on the global economy will be shaky.
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the_matrixSenior Member
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#12Feb 18, 2023, 02:48 PM
Lol, for BTC to fall to $10, you can be sure we would be experiencing an apocalypse, the world war 3 and carnage in many parts of the world. Now at that point who is worried about BTC, the stock market would have crashed, the global economy would be near collapse, etc, so don't worry about BTC.
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GigaSatoshiFull Member
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#13Feb 18, 2023, 07:08 PM
It is not enough to say that 103k is a sharp drop, this is still in normal conditions my friend and bitcoin today is back to 104k, do not give fear to new adopters who join, macro sentiment is more influential than regional conflicts so the israel vs iran war will not be enough to make the bitcoin market fall sharply as long as only the two countries are at war. Basically bitcoin fluctuates and bitcoin will continue to return to its highest price again and again.
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laser2018Full Member
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#14Feb 18, 2023, 08:23 PM
The war is one way to influence the market, every month we see new economical conditions affecting the market positively or negatively. However the current war will soon come to a pause. I believe the both parties and the third parties supporting the war will have to  decide if they want to keep losing their loved ones.
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raven_protoFull Member
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#15Feb 19, 2023, 02:30 AM
Just the usual it always happens, a little decline but will eventually happen before a boost will emerge. A rapid sell-off will happen. Altcoins like Solana will have a little hype but higher risks Times like this every investors is expected to put their ears on the ground for any information. During war times like this Bitcoins and cryptocurrencies in general tends to fluctuate on hands should be on deck
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quantumsageFull Member
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#16Feb 19, 2023, 07:46 AM
Maybe they are worried about this war can affect the volatile bitcoin price, but the price is still quite safe there is no sharp decline most people still believe bitcoin as an asset that can grow even though the economy is in turmoil. Bitcoin will not crash deeper, and for those who are strong in their understanding of bitcoin they will not be afraid or worried when the middle east war, except WW3.
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bridge100Senior Member
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#17Feb 19, 2023, 11:09 AM
Right now bitcoin is trading above 104k level which means middle east tensions are not heavily impactful to bitcoin market. I am not sure about any other altcoins, but when bitcoin stays higher then most altcoins will follow it. Anyhow, both Israel and Iran not into full fledged attract which could be the another reason why bitcoin fell slightly and then holding. Even USA joins Israel against Iran, I guess bitcoin market will keep ignoring this war but if any chance Iran start dominating then I guess all markets may enter into bearish mode. I read mixed reviews about Iran like Iran got enough military power to attack Israel and also Israel will demolish Teheran in just one or two days. Also, I read that Iran may impact 20% of oil supply of world wide hence how Iran is going to play is the key here for where bitcoin markets to be heading.
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p1x3l365Senior Member
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#18Feb 21, 2023, 12:38 PM
The war has been disasterous and not going well. In kind, it's affecting bitcoin and cryptocurrencies badly with liquidations. Bitcoin has dropped to a bottom line of a significant figure of $103,000 resisting strong support of recovering liquidity. Asking if the market will rebound is a capital YES. That's part of the reactions of market sentiments which isn't strange to bitcoin liquidation. So, it'll be rebound and gain resilience again and with it market support, it'd as well hold some substantial values.
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viper_2009Full Member
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#19Feb 22, 2023, 06:01 AM
If we have witnessed on how those previous wars have impacted bitcoin, we can say that bitcoin will only get affected at the beginning but it recovers eventually after a couple of weeks or months, regardless if the war continues. So most likely, the current price decline is just temporary, and soon enough, we’ll be seeing bitcoin price surging high again until it reaches another peak. The best approach for now is to start buying again while there’s a good opportunity to buy, as this war will surely stop in time, and that also means bitcoin good buying opportunity may also come to its end, though everyday is a buying opportunity.
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cobr4404Full Member
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#20Feb 22, 2023, 08:13 AM
The effect of the war is already in effect. The more countries joining the war between the 2 countries, the more bearish it would be not only for the crypto market, but in all markets. How is the war going? Well, it's becoming bad for Iran right now because there's a chance that the US might join this war, and if they will, that MIGHT cause another bearish movement on the market again. We haven't seen them joining directly, but they might be secretly helping Israel because they're allies. The market might make a reversal if the war ended, but the effect isn't instant though, but it will be a gradual process. No one wants a war. It will affect the market and at the same time, it will affect those innocent families and citizens out there. On the other hand, it seems like these 2 countries have a conflict for quite some time already so in short, it's inevitable to have these kind of war between the two countries. Let's just hope for the best I guess, and I hope this ends as early as possible.
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