Hello everyone,
Do you think that US, Israel and Iran war can affect cryptocurrency in anyway positively or negatively?
Crude Oil price has gone up slightly due to reduction in supply, security cost and logistic cost.
Cryptocurrency can follow such trend due to many factors. Most people in Iran will change their cash to crypto in case of any uncertainty. This will trigger demands and it will push the price up.
As at the time of posting this, Bitcoin is at $71,873. In coming days, I am sure it will jump further.
Let me know what you think about this sitution at hand.