An analysis suggested that bitcoin prices rebounded each time there was a geopolitical crisis.

According to bitcoin investment platform River.com on the 16th, the price of bitcoin rose 14% over two weeks after the United States began airstrikes on Iran on the 28th of last month. This contrasts with the Standard & Poor's (S&P) 500 index and gold, which fell 3% and 4%, respectively.

A ticker at the Bithumb Lounge Gangnam branch in Gangnam-gu, Seoul shows the virtual asset Bitcoin price on the 5th. /Courtesy of News1

There is an assessment that whenever geopolitical tensions heightened, bitcoin delivered relatively better returns than other assets. Looking at the 60-day price trend after U.S. President Donald Trump declared a "tariff bomb" in early April last year, bitcoin rose 24%. In contrast, gold and the S&P 500 rose 8% and 4%, respectively.

During the Russia-Ukraine war in February 2022, bitcoin rose 32% 60 days after the outbreak of war, while the S&P 500 rose only 3%. Gold fell 11%. The virtual asset outlet CoinDesk said, "Even as the situation escalates rather than eases, most major virtual assets posted weekly gains," adding that the reflexive selling sentiment to "sell the news" is gradually weakening.

※ This article has been translated by AI. Share your feedback here.