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The impact of the war raging in the Middle East isn’t just that oil prices are rising—now even condoms are getting more expensive:
As the war in the Middle East continues to intensify, it’s not only oil prices that jump in response, and everyday necessities that chain up in price—risk-off sentiment is also directly boosting crypto market activity to the max. BTC has moved higher accordingly, with a broad-based recovery. In turbulent times, hard assets are always the most inflation-resistant.