Singapore
Raise It With Press Release
TechnologyCommerce / LifestyleFood / BeverageEducationReal Estate / Architecture
Get Guaranteed Publications in minimum 40 Media Outlets for Just S$50
Try it >>
press release

/ How Will Iran's Attack on Israel Impact Bitcoin Prices? Here's the Explanation

How Will Iran's Attack on Israel Impact Bitcoin Prices? Here's the Explanation

Bitrue
On October 1, Iran launched an attack on Israel with 180 missiles. The attack caused the majority of crypto token prices to fall. So, what about the price of Bitcoin? Here's the explanation.
preview

Recently, the world has heated up again due to Iran's attack on Israel. This conflict causes various investment instruments to experience price changes. Specifically, gold increased along with rising oil prices due to the conflict in the Middle East. So, what impact will Iran's attack on Israel have on Bitcoin price?

You can see the development of Bitcoin prices after Iran attacks Israel and what the condition of the token price is now in this article. Read the detailed explanation until the end of the article.

Impact of Iran's Attack on Israel on Bitcoin Prices

October has just begun and the world already seems chaotic. This was due to 180 Iranian ballistic and hypersonic missile attacks on Israel on Tuesday, October 1. Just after this attack, the crypto ecosystem immediately reacted. Almost all crypto tokens are colored “red” in response to tensions between the two countries.

Source: LedgerLaughing/X
Source: LedgerLaughing/X

This price decline was also experienced by BTC. Bitcoin prices fell quite drastically with a percentage decline in the range of 2-3%. In fact, on September 30 Bitcoin touched $65,000 after experiencing a long decline.

It is reported that BTC will also experience an increase in October after feeling it in September. However, due to the Iran-Israel conflict, these hopes were dashed.

Source: CoinMarketcap
Source: CoinMarketcap

Bitcoin and Its Response to World Conflict

Bitcoin does have an unfavorable trend in its response to world conflicts. Bitcoin tends to experience a decline when conflicts between countries arise.

As during the conflict between Russia and Ukraine in 2022, Bitcoin even experienced a decline of up to 7.9% and the price plunged below $35,000. Bitcoin even had a negative impact during the geopolitical conflict between the United States and China in 2018 and 2020.

However, Bitcoin once gave a positive response, namely when North Korea conducted a nuclear test in 2017. At that time, the price of Bitcoin soared with a continuous upward trend.

Current Bitcoin Price Chart

Source: Market Bitrue
Source: Market Bitrue

At the moment, harga BTC to USDT indeed experienced an increase of 1.16%. Although the price is still below $63,000, the increase is quite encouraging. The BTC token RSI indicator shows a number above 50, which means that currently, the buying trend is slightly dominating over the selling trend.

The positive Bitcoin RSI number is also reflected in the MACD line. It can be seen that the BTC MACD indicator is trying to rise above its limit line. This means that if the line continues to hold and is sustainable in its increase, a BTC bullish trend will occur and the price of Bitcoin will experience a sustainable increase.

Conclusion

The explanation of the impact of Iran's attack on Israel on Bitcoin prices has reached its end. Even though it is enough to make the majority of investors worry and temporarily switch to traditional investment instruments, Bitcoin's price is showing its strength again.

It is best to watch out for the high volatility of crypto tokens both positively and negatively. This is why we must conduct in-depth research when investing in the crypto ecosystem.

If you are currently doing independent research on Bitcoin to find out what its current condition is, Bitrue can help you. Bitrue has various features that you can use for independent research, starting from checking prices in real-time, finding out price conversions from BTC to USD, to articles that you can check to find out about current developments in crypto trends.

That way, you will understand about how to buy Bitcoin overall. Also, adjust your financial capabilities in determining how you invest in BTC and other crypto tokens.

About Bitrue
Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.
Contact
Fransiskus Email: fransiskus@bitrue.com

Categories
Cryptocurrency

Other Press Release
Cryptocurrency
Trump, Crypto, and Controversy: Inside the $TRUMP Coin and Wallet Saga
Bitrue
Jun 06, 2025

Cryptocurrency
Choda-Chodi, from Bengali Slang to Hypothetical Crypto Phenomenon
Bitrue
Jun 05, 2025

Cryptocurrency
What is Build On BNB? BOB Price Prediction 2025–2028
Bitrue
Jun 05, 2025

Cryptocurrency
XRP News Today! Ripple’s RLUSD Approved in Dubai, XRP Price Skyrocketing? Here’s the Analysis
Bitrue
Jun 04, 2025

Cryptocurrency
Everything You Need to Know about Agenda 47! Tokenomics, Market Outlook, and A47 Price Predictions 2025–2028
Bitrue
Jun 04, 2025

Cryptocurrency
Crypto News! $BLUM Will Launch Soon with Snapshot and Blum Airdrop Details Amid Market Uncertainty
Bitrue
Jun 03, 2025

Cryptocurrency
Diving Deeper Into TUFT Token and TreasureFun: A Comprehensive Guide to the NFT Ecosystem’s Rising Star
Bitrue
Jun 02, 2025

Cryptocurrency
8 Promising Crypto Airdrops in June 2025, More Than Just Free Tokens
Bitrue
Jun 02, 2025

Cryptocurrency
XRP News Today! XRP Price Breakout? Check Out the Analysis Here
Bitrue
Jun 02, 2025

Cryptocurrency
XDC Network Price Prediction and Market Outlook 2025–2030
Bitrue
Jun 01, 2025

Cryptocurrency
What is Beeg Blue Whale? Here’s BEEG Token Analysis and Price Prediction 2025-2030
Bitrue
May 28, 2025

Cryptocurrency
XRP Price Prediction June 2025, Poised for a Major Breakout? This is Everything You Need to Know
Bitrue
May 27, 2025

Cryptocurrency
Pepe Coin Price Prediction 2025: Technical Trends, Cultural Momentum, and Investment Outlook
Bitrue
May 25, 2025

Cryptocurrency
NEXPACE (NXPC) Price Prediction and Market Analysis: What to Expect from 2025 to 2050
Bitrue
May 25, 2025

Cryptocurrency
What is Trump Dinner? Crypto, Controversy, and a Steak Dinner: Inside Donald Trump's $TRUMP Meme Coin Gala
Bitrue
May 25, 2025

Cryptocurrency
Brainrot (ROT) Price Prediction 2025: Can This Meme Coin Find Its Momentum Again?
Bitrue
May 25, 2025

Cryptocurrency
Bitcoin Breaks Records, Road to $120.000? A Comprehensive Analysis
Bitrue
May 25, 2025

Cryptocurrency
Bitcoin Price Crosses All-Time High? Check Out the Following Explanation
Bitrue
May 23, 2025

Cryptocurrency
XRP News Today! Governance & Launchpad DApp Set to Transform the XRPL
Bitrue
May 21, 2025

Mobile games
11 Fun Telegram Games to Play, Give Free Crypto Tokens as Rewards!
Bitrue
May 15, 2025

Cryptocurrency
What is Treasure Fun? A Dual-Faced Digital Experience, Innovation or Deception?
Bitrue
May 15, 2025

Cryptocurrency
TUFT Token Price Prediction and Investment Outlook: Everything You Need to Know
Bitrue
May 15, 2025

Cryptocurrency
Space and Time (SXT) Price Prediction 2025–2040: A Comprehensive Outlook
Bitrue
May 14, 2025

Cryptocurrency
A Comprehensive Analysis of BlockDAG ($BDAG) Price Prediction
Bitrue
May 13, 2025

Cryptocurrency
XRP at a Crossroads: Legal Breakthroughs, Political Endorsement, and ETF Hype Fuel Market Momentum
Bitrue
May 13, 2025

Cryptocurrency
Solayer Price Prediction 2025: Unlocking Scalable Staking and Liquidity on Solana through Layer-2 Innovation
Bitrue
May 11, 2025

Cryptocurrency
What is Dawgz AI and $DAGZ Price Prediction 2025-2040
Bitrue
May 10, 2025

Cryptocurrency
Get to Know about RuviAI and $RUVI Price Prediction in 2025: Can it reach $1?
Bitrue
May 09, 2025

Cryptocurrency
What is Italian Brain Rot? Get to Know Everything about the Characters
Bitrue
May 09, 2025

Cryptocurrency
Bitcoin Price to Return Above $100,000? Here's the Analysis
Bitrue
May 08, 2025

Cryptocurrency
XRP News! Vaultro Finance and the Evolution of Decentralized Finance on the XRP Ledger
Bitrue
May 08, 2025

Cryptocurrency
XRP News Today! XRP at a Crossroads: Legal Limbo, Technical Glitches, and ETF Hopes Define Market Sentiment
Bitrue
May 05, 2025

Cryptocurrency
Understanding Treasure Fun and TreasureNFT: The Concerning Side of Potential Scam
Bitrue
May 04, 2025

Cryptocurrency
Everything about Initia, INIT Price Prediction 2025-2040
Bitrue
May 04, 2025

Cryptocurrency
Get to Know About XRPL SNAP, Bringing XRP to MetaMask with Seamless Integration
Bitrue
May 03, 2025

Cryptocurrency
What is XFree Coin, Is It Safe? A Comprehensive Guide about XFREE
Bitrue
May 03, 2025

Cryptocurrency
XRP Price Could be $7.50 in 2035? XRP News Today: Institutional Momentum & Legal Clarity
Bitrue
May 03, 2025

Cryptocurrency
XRP News Today! SEC Approves ProShares’ XRP Futures ETFs: What It Means for the Crypto Market
Bitrue
Apr 30, 2025

Cryptocurrency
What is Pingubuy? The Rise of Cross-Border Shopping Agents in the Wake of the China-US Trade War
Bitrue
Apr 27, 2025

Cryptocurrency
What is CK4444? From Music History to Cybersecurity Concerns
Bitrue
Apr 25, 2025

Cryptocurrency
Algorand (ALGO) Price Prediction 2025: Will the Fallen Angel Rise Again?
Bitrue
Apr 25, 2025

Cryptocurrency
XRP News Today! XRP’s Defining Moment: Legal Clarity, ETF Momentum, and a Shifting Crypto Landscape
Bitrue
Apr 25, 2025

Cryptocurrency
XRP News Today! XRP Enters a New Era: Legal Clarity, ETF Speculation, and a Resurgent Market
Bitrue
Apr 22, 2025

Cryptocurrency
Treasure NFT: Innovation or Scam? A Comprehensive Review of TNFT
Bitrue
Apr 22, 2025

Cryptocurrency
Lessons from SnapeDex, The Insidious Rise of Crypto Scams
Bitrue
Apr 20, 2025

Cryptocurrency
XRP News Today! XRP Price Analysis: Legal Developments, ETF Momentum, and the Investor Sentiment Battle
Bitrue
Apr 20, 2025

Cryptocurrency
What is the Difference Between XXX and XXXX Token? Similar Names, Different Purposes in Crypto
Bitrue
Apr 16, 2025

Cryptocurrency
Get to Know About Treasure NFT and How to Get TUFT Token: Withdrawal TUFT Date
Bitrue
Apr 16, 2025

Cryptocurrency
XRP News Today! Understanding XRP in 2025: Legal Resolutions, Political Winds, and the Path to New Highs
Bitrue
Apr 15, 2025

Cryptocurrency
Get to Know About Xhamster vs Hamster (HMSTR): Understanding the Key Differences
Bitrue
Apr 15, 2025

Bitrue
URL
https://www.bitrue.com/
Industry
Service
Weekly Release Ranking
May 09, 2025 2025
What is Italian Brain Rot? Get to Know Everything about the Characters
Bitrue
VRITIMES Video
vritimes na euvritimes jpFree consultationManual EbookPR College