How do geopolitical tensions affect BTC price?

Geopolitical tensions, such as wars, sanctions, or diplomatic conflicts, often influence global markets—including cryptocurrencies. Bitcoin, being decentralized and borderless, is sometimes seen as a safe haven during times of political instability. For instance, during the Russia-Ukraine conflict, there was a noticeable spike in the btc price as people in affected regions turned to Bitcoin to protect their wealth or bypass traditional financial systems. On the flip side, heightened tensions can also trigger market-wide fear, causing investors to liquidate assets, including BTC, in favor of cash. In such times, Bitcoin’s volatility tends to increase. Investors closely monitor global news to anticipate market reactions. By staying updated with real-time data on platforms like Toobit, you can see how unfolding geopolitical developments are influencing the btc price right now.