Bitcoin’s Wild War Dance: How Global Chaos Makes BTC Yawn, Swoon, or Moon! 🚀😎

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Honestly, if you’re looking for a hero saga of Bitcoin rushing in with a cape during global crises, prepare yourself for a plot twist involving a sofa, snacks, and mostly ignoring your panicked calls. Picture Bridget Jones monitoring international headlines, glass of wine in hand: “Israel and Iran at it again? Hang on, let me check Bitcoin… Oh. It moved a smidge. Where’s the cheese?”

History lesson: World on fire? Bitcoin mostly snoozes. It’s like that friend who “forgets” your birthday, claims they were meditating, and then turns up at brunch anyway. As it turns out, institutional bigwigs and bandwagon-jumpers have ~some influence~ (read: like the entire market). Still, your average analyst, like AndrĂ© Dragosch (who presumably doesn’t own a cape either), tells us: “Short-term chaos = volatility hiccups = nervous price dip.” But in the grand cosmic joke of finance, Bitcoin still carries the aura of That One Risky Assetℱ—the high school rebel who occasionally gets kicked out but somehow graduates just fine.

Now, for a longer plot arc, Mithil Thakore chimes in, essentially saying, “Wars = inflation, which, ta-da, could pump Bitcoin!” So if financial markets are burning, at least your coins might be toasting marshmallows. đŸ”„đŸ”„

But don’t get all “Bitcoin as my knight in blockchain armor”—sometimes, stoic price action just means the whole market is doomscrolling like the rest of us. The following melodrama highlights just how little Bitcoin sometimes gives a toss:

Israel-Iran war (June 13, 2025)

June 13: Israel whacks Iran, press presses panic buttons, and Bitcoin? Subdued yawn; maybe a micro-frown. Calls for U.S. involvement, analysts having minor meltdowns—but Bitcoin’s just ordering another coffee.

Minor blip in price. “Doesn’t seem fussed,” says analyst Za, possibly while knitting a new hodl scarf. Michael Saylor, who treats BTC dips like supermarket discounts, went on another $1 billion shopping spree. Meanwhile, Strategy (formerly MicroStrategy, now just flexing) drops a fresh BTC-backed stock on Nasdaq. Basically: war? What war? Pass the caviar.

Israel-Iran embassy bombing (April 1, 2024)

April Fool’s Day: Not so funny for the Iranian embassy, or for Bitcoin briefly—down 8% after Iran’s little “don’t-touch-my-stuff” retaliation. Yet, resilience! By the time markets had processsed their feelings, BTC was back, as if nothing ever happened. It’s the financial world’s equivalent of “new phone, who dis?”.

Israel-Gaza war (Oct. 7, 2023)

Horrors in Israel and Gaza: Stocks panic, arms makers jubilant, but Bitcoin? Picture that meme of “This is fine.” Five-zero days in, BTC is above its start price. Also, governments suddenly care a lot about who’s buying snacks with crypto. Spoiler: Elliptic says, “No, Hamas isn’t buying rockets with Dogecoin.”

Russia’s full-scale invasion of Ukraine (Feb. 24, 2022)

If war was bad for Bitcoin, it forgot to check: BTC jumps 16% post-invasion. Everyone in Russia/Ukraine surfs FOMO waves, crypto prices skyrocketing because “banks closed, but blockchain open, baby!” Ukraine gets a crypto care package worth $70M—Eat your heart out, Western Union. Then, Terra/Luna blew up and Bitcoin plummeted, but, plot twist: it was nothing to do with the actual war. 🍿

Bitcoin’s price and internal conflicts

Meanwhile, the world’s less headline-hogging wars (Ethiopia, Myanmar) made as much impact on Bitcoin’s price as my gym membership has on my actual fitness. Tigray war? Bitcoin too busy with pandemic FOMO and MicroStrategy’s shopping addiction. Myanmar coup? Bitcoin’s only coup was a price moonshot to ATH. Blonde-on-the-phone vibes: “Wait did something happen?”

Who cares about geographic proximity to war? Markets close to battle zones get the shakes. But Bitcoin? Mostly owned by the Wall Street Huns, a few trading bros, and possibly my neighbor’s dog. By December 2024, ETFs had hoarded more Bitcoin than Satoshi.*

Old school crypto, circa 2013: when mining Bitcoin meant “borrowing your cousin’s gaming PC” and “magic internet money” was an actual insult, not a flex. No ETFs, no institutions—just darknet dreamers and some guy named Chad who bought pizza with 10 BTC.


Bitcoin’s reaction to war could be changing 

“Meh.” Now? “Maybe I’ll send the price chart a little wavy line.” Analysts are crossing fingers, toes, and possibly entire bodies—if Iran blocks oil exports and the US jumps in, we might see an actual Bitcoin plot twist.

In sum: Bitcoin in wartime is Bridget Jones at a disaster party—sometimes panicking for a hot minute, mostly flirting with new highs, and always reserving the right to surprise you with absolutely nothing at all. đŸ„‚

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2025-06-17 20:16