From Cointelegraph

June 17, 2025 1:00 PM:

Bitcoin’s price remains stable as conflict between Israel and Iran escalates, with previous trends showing how factors like adoption and institutional involvement impact the cryptocurrency. Despite volatility, Bitcoin is seen as a risky asset that could benefit from geopolitical conflicts due to higher inflation prospects globally.

During the recent conflict between Israel and Iran, Bitcoin’s price saw a brief drop but quickly recovered, with analysts and famed Bitcoin bull Michael Saylor remaining unfazed. The conflict, marked by missile strikes and market concerns, did not significantly impact Bitcoin, which continued its upward trajectory.

In previous conflicts like the Israel-Iran embassy bombing and the Israel-Gaza war, Bitcoin’s price fluctuated briefly but eventually recovered, showing resilience during times of geopolitical instability. However, internal conflicts and traditional market events may have a more significant impact on Bitcoin’s price than external geopolitical tensions.

The full-scale invasion of Ukraine by Russia in 2022 saw global financial markets affected, with Bitcoin’s price spiking upward amid the conflict. Exchanges in Russia and Ukraine experienced high crypto trading premiums, while Ukraine received significant cryptocurrency donations in the aftermath of the invasion.

Bitcoin’s reaction to armed conflicts may be evolving as institutional adoption increases and the cryptocurrency becomes more correlated with traditional financial markets. With Bitcoin now viewed as a risk-on asset, its price may be influenced by negative market forces during times of conflict, potentially leading to more significant fluctuations.

Read more at Cointelegraph: Israel Iran Conflict Shows Bitcoin Price Stays Stable