Would Bitcoin Drop If A War In The Middle East Breaks Out? Yes, But There's A Catch
Would Bitcoin Drop If A War In The Middle East Breaks Out? Yes, But There's A Catch
The crypto king dropped 5% in the first four days following the October 7 attack on Israel but recovered by 12% in the following nine days.Market intelligence platform Santiment Feed links the recent plunge in cryptocurrency market caps to the ongoing Iran-Israel conflict but predicts a rebound soon.
市场情报平台Santiment Feed将最近数字货币市值暴跌与伊朗-以色列冲突联系起来，但预测很快会反弹。
What Happened: Santiment highlighted that trader sentiment is swiftly shifting from Fear of Missing Out (FOMO) to Fear, Uncertainty and Doubt (FUD) due to the conflict. The CoinMarketCap Crypto Fear and Greed Index has slipped into the fear (36) zone as tensions escalate.
事件概述：Santiment强调，由于冲突原因，交易者情绪迅速从错失机会的恐惧（FOMO）转变为恐惧、不确定性和怀疑（FUD）。由于紧张局势加剧，CoinMarketCap加密货币恐惧与贪婪指数已跌入恐惧（36）区域。
| Cryptocurrency | Price | 7 Day Gains +/- |
| Bitcoin (CRYPTO: BTC) | $60,354.56 | -6% |
| Ethereum (CRYPTO: ETH) | $2,348.88 | -10% |
| Solana (CRYPTO: SOL) | $136.90 | -10% |
| Dogecoin (CRYPTO: DOGE) | $0.1038 | -9% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001603 | -7% |
| 数字货币 | 价格 | 7天涨跌幅+/- |
| 比特币 (CRYPTO: BTC) | $60,354.56 | -6% |
| 以太坊 (CRYPTO: ETH) | $2,348.88 | -10% |
| Solana (CRYPTO: SOL) | $136.90 | -10% |
| 狗狗币 (CRYPTO: DOGE) | $0.1038 | -9% |
| Shiba Inu（加密货币：SHIB） | $0.00001603 | -7% |
Elaborating on the impact of previous geopolitical conflicts on Bitcoin's price, Santiment cited the Israel-Palestine conflict in 2023 and the Ukraine-Russia conflict in 2022 as examples.
Santiment指出，2023年以色列-巴勒斯坦冲突和2022年乌克兰-俄罗斯冲突对比特币价格的影响。
The crypto king dropped 5% in the first four days following the October 7 attack on Israel but recovered by 12% in the following nine days.
在以色列于10月7日遭受袭击后的前四天，这位加密货币之王下跌了5％，但在接下来的九天中上涨了12％。
In 2022, it dropped 10% on the first day of the Russia-Ukraine war but surged by 27% in the six subsequent days.
2022年，俄乌战争第一天跌了10％，但在随后的六天中暴涨27％。
Industry expert Anton Dziuba stated that Bitcoin is fine above the $60,000 level but should at least hold the $57,000 level.
行业专家Anton Dziuba表示，比特币在$60,000以上是正常的，但至少应该持有$57,000水平。
Also Read: Crypto Whale Dumped $46 Million BTC As Geopolitical Tensions Rise: What Is Going On?
此外阅读：地缘政治紧张局势上升，加密鲸鱼抛售4600万比特币：到底发生了什么？
Why It Matters: Santiment's analysis suggests that geopolitical conflicts can have a significant impact on cryptocurrency markets. This pattern indicates that while conflicts initially trigger a drop in Bitcoin's price, they are often followed by a significant rebound.
为什么重要：Santiment的分析显示，地缘冲突可能会对数字货币市场产生重大影响。这一模式表明，尽管冲突最初引发比特币价格下跌，但往往随之而来的是显著反弹。
The market platform also highlighted the top ten trending crypto keywords on social platforms. Words like Iran, Israel, war, middle east, tensions and missiles are doing the rounds, implying that the situation has not only impacted global financial markets but also the cryptocurrency markets.
该市场平台还突出了社交平台上十大热门加密关键词。像伊朗、以色列、战争、中东、紧张局势和导弹等词汇正成为热议话题，说明这一情况不仅影响了全球金融市场，也波及了数字货币市场。
On the other hand, words like Uptober and October picked up steam on the search radar due to its association with a bullish sentiment in the cryptocurrency market. However, with the escalating geopolitical tensions the interest subsided.
另一方面，像“Uptober”和“十月”这样的词汇因与数字货币市场的看好情绪相关而开始在搜索雷达上走俏。然而，随着地缘政治紧张局势不断升级，这种兴趣逐渐消退。
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
接下来：比特币作为机构资产类别的影响力预计将在Benzinga即将到来的数字资产未来活动中得到彻底探讨。日期是11月19日。
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Image: Shutterstock
图片：shutterstock