š Increased volatility:
- Tension and uncertainty in the Middle East could make financial markets, including cryptocurrency markets, more unstable.
- Investors are looking for safe assets in the face of potential conflicts, and while some cryptocurrencies tend to gain value as a āsafe havenā in times of crisis, others may decline due to risk aversion.
šµ Demand for āsafe haven assetsā:
- Traditionally, gold and other safe-haven investments tend to increase in value in such contexts. In the case of cryptocurrencies, Bitcoin is often seen as a digital āsafe haven asset,ā and its demand could rise.