March 4 News, according to DL News, Bitcoin prices have recently remained between $65,000 and $70,000, despite U.S. President Trump and Israeli Prime Minister Netanyahu approving joint strikes on Iran. The overall market remains relatively stable. Several experts shared their views on how geopolitical conflicts might impact Bitcoin’s price movement.
Maelstrom Chief Investment Officer Arthur Hayes stated that war could prompt the Federal Reserve to inject liquidity into the market and maintain low interest rates, thereby boosting risk assets like Bitcoin. He noted that historical data shows U.S. military actions are usually accompanied by similar market reactions.
Wintermute OTC Head Jack Ostrovsky believes that the situation in the Strait of Hormuz could pressure global energy supplies. Sustained high Brent crude oil prices may lead to rising inflation expectations, which could affect market sentiment toward Bitcoin. Traders have reduced the probability of a rate cut in March to about 2.4%, and short-term interest rate fluctuations have limited impact on Bitcoin.
London Crypto Club analysts David Brickell and Chris Mills believe that regardless of how long the war lasts, Bitcoin could benefit. A prolonged conflict may trigger safe-haven demand, while a quick short-term resolution could lead to a buying frenzy. Bitwise pointed out that Bitcoin prices might bottom out earlier than the market generally expects.
CoinShares Research Director James Butterfill said that Bitcoin has performed steadily without significant volatility, but if the conflict persists, changes in energy prices and market confidence could support Bitcoin’s medium-term trend. Pratik Khara, Research Director at Apollo Cryptocurrency, noted that although Bitcoin recently experienced a brief dip, it still rose about 7% over the past week. Breaking above $70,000 could trigger profit-taking pressure.
Overall, experts suggest that geopolitical conflicts and energy market volatility may support Bitcoin prices in the medium term, but short-term fluctuations could still be influenced by trader sentiment and profit-taking activities. As a scarce and non-sovereign asset, Bitcoin is increasingly being affected by multiple factors.
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