The Impact Of WAR On Crypto

Assalamu Alaikum friends,
The whole world is currently engulfed in war. Each country is at war with another. Sometimes large-scale weapons of war are being used in this war. Missiles, grenades, bombs, etc. have made the whole world red with blood. It seems that the powerful are playing a game of destruction. This game of destruction is pushing the world's economic situation towards recession. And a major impact is coming on cryptocurrency.

Currently, the Israel-Iran war has brought the entire world's economy to a standstill. The impact of which is widely visible on the stock market, Forex exchange and crypto. However, the impact of this war on crypto seems to have been a little more. Because, no new investor is willing to enter the market due to the war. Because, if World War III breaks out all over the world, then liquid money will be needed. So no new investor is taking entry into the market.

Even after that, those who had entered the market are exiting the market safely or losing money. As a result, the selling pressure in the market has increased. As a result, the market is dumping rapidly due to selling panic. This is why wars always have a big impact on the crypto market.