CandleFocus How Bitcoin became a ‘lifeboat asset’ amid Ukraine-Russia conflict
2024-11-20
Author: Content Editor
Bitcoin has shown resilience in the face of escalating tension between Ukraine and Russia, reaching an all-time high of $94,000. This behavior suggests that Bitcoin is maturing as a store of value and becoming a hedge against money printing and geopolitical risk. In the past, Bitcoin has experienced declines during geopolitical conflicts, but it is now being seen as a "lifeboat asset" that provides security during uncertain times. Despite a slight correction from its all-time high, Bitcoin is still up 1% in the past 24 hours, while gold has only gained 0.1%. The CEO of Swan Bitcoin believes that Bitcoin's recent ATH could solidify its position as a go-to asset for uncertain times.
Related News
Render Price Targets $10 as Channel Breakout Pushes Past $8 Switzerland’s FINMA warns of money laundering risks with crypto Expert Says Ethereum is Set to Outperform Bitcoin as It Targets $10K, Citing Technical Details That Support Bullish View Cardano (ADA) Soars by 14%, Bitcoin (BTC) Remains Above $93K After New ATH (Market Watch) Japan PM vows to include tax cuts for crypto in stimulus package Can Sui Price Soar to $18 After 740% Rally and Outperform Solana? XRP’s Edge: What Sets This Cryptocurrency Apart? Pump.fun clone Emojicoin goes live on Aptos blockchain Vitalik Buterin Made Crucial Ethereum Statement Is $0.00010 Within Reach for BONK After 221% Surge Pushes It Into the Top 30? HBAR Becomes Top Loser with 20% Drop After SEC Chair Rumor Twist Can Solana flip Ethereum? Find out what’s at stake for your crypto holdings BONK hits new all-time high following Upbit listing Franklin Templeton makes bold prediction for Open-Source AI and crypto Is Cardano $1 Rally Now on Cards After This Massive Breakout? How Will the Approval of Bitcoin ETF Options Affect BTC Price? Here are the Predictions XRP Market Surge: Nearly $1 Billion Snapped Up by Whales in One Week Renowned Founder Shares Bitcoin and Ethereum Price Predictions for 2025 BIS Report Questions Decentralization of Liquidity Provision in Uniswap Amid Institutional Dominance User Recovers $129 Million in USDT After Losing Funds to Phishing Attack MicroStrategy Breaks Into the Top 100 U.S. Public Companies by Market Cap China ousts former digital currency chief over alleged corruption involving crypto Bitcoin Faces ‘Bank Run’ Vulnerability, Warns Cyber Capital Founder Justin Bons Dogecoin Founder Highlights Poor ETH Performance Compared to BTC and DOGE Savvy memecoin trader makes $988K in 3 hours despite rug pull Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea Hong Kong Cyberport Web3 network grows to 270 blockchain firms Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC PENDLE soars 355% YTD: ATH in sight if THIS happens Cardano (ADA) decouples from the altcoin pack, nearly matching its 8-month high Meta's Mark Zuckerberg Could Teach DAOs, Like Compound, a Governance Lesson Cardano Rallies 137% in 2 Weeks, But This Key Factor Limits Its Potential Fidelity's Timmer Says Bitcoin Rally Is Following Old Playbook How Bitcoin became a ‘lifeboat asset’ amid Ukraine-Russia conflict US Treasury warns against using all cross-border payment systems that don’t align with its standards Cardano’s rally continues with 5-month high whale transactions Shiba Inu Price Correction: Can SHIB Dip to $0.00002? $100,000 Bitcoin Likely To Trigger 2025 Altseason, According to Analyst Benjamin Cowen This Bitcoin Miner from Wall Street Bleeds Red Ink in Brutal Quarter Haru Invest declared bankrupt amidst alleged $1b investor fraud Binance Continues to Delists! 5 More Altcoin Trading Pairs Delisted from Spot Trading! Metacade and SuperVerse Partner to Revolutionize On-Chain Gaming with Pool Prizes on Base Blockchain Shiba Inu Lead Reacts as Whale Turns $10K in SHIB to $2.5B and Continues to Hold Since Launch India’s central bank signals no rush for digital currency implementation Spot Bitcoin ETFs inflows surge 220% amid options launch Crypto Exchange Archax to Offer Tokenized Money Market Funds from State Street, Fidelity International and LGIM XRP Price Signals Downside Correction: Is a Pullback Coming? Crypto Exchange Woo X Adds AI-Powered Trader ‘George AI’ to Its Copy Trade App South Korea Debates Raising Crypto Tax Exemption to $35,900 Bitcoin Price on the Rise: Is There More Fuel for the Rally? Pro Crypto Traders Are Leveraging IBIT Options to Bet on BlackRock’s Bitcoin ETF Doubling to $100: Observers XRP price is losing momentum: Can Ripple still surge to $1.5? Anthony Pompliano Urges US To Print $250B For Strategic Bitcoin Reserve Bitcoin’s New $94K High: Why Isn’t Anyone Celebrating? Analyst Predicts 5,100% Dogecoin Price Surge as Bitcoin Reaches New ATH How Much Could Solana Price Rise This Week? Bitcoin Momentum: Stochastic RSI Hints at Major Growth Potential Cardano Price: Will ADA Soar To $1 or Fall After 144% Rally? Trump Media shares ride post-election, potential crypto acquisition wave AAVE sees rising institutional interest: Will this drive the next rally? Ethereum Price Faces Challenges: Will It Find Traction Soon? Ripple Labs To Boost RLUSD Adoption With Mercy Corps Partnership Floki Inu’s Community-Driven Revival: From Rug Pull to Crypto Champion ? IBIT trading options launch, Bitcoin tap new all-time high $94k Blackrock Exec Debunks Bitcoin Myths: ‘It’s Not a Risk-on Asset’ Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa Securitize Unveils Vault System to Revolutionize Institutional Defi Liquidity YGG Unveils Onchain Guilds on Coinbase’s Base, Expanding Blockchain Ecosystem in the Philippines DWF Labs Launches $20 Million Fund for Meme Coin Creators Orderly Network Partners with KODA: Dominating South Korea’s Crypto Custody Market with 80% Share! China bares CBDC upgrade; Australia’s Project Acacia underway Phantom ‘crypto’ wallet update locks users out of iOS wallet XRP Price Prediction For November 20 Why is Bitcoin Price Up Today? Bulls Break $92k, Eye $100k Next Cardano’s Price Eyes $1, Will Consolidation Propel ADA 30%? Analyst Reveals How XRP Price Can Reach $20 Here’s Why Dogwifhat (WIF) Price Ready For New High ‘Free Roger’ Ver gains momentum, Charles Hoskinson adds support as open letter reaches 2,744 signatures Bitcoin (BTC) Hits Crucial Price Level: Details, Here's Why Shiba Inu (SHIB) Is Moving Like Snail, Solana (SOL) Pushes to $300 as Billions in Volume Flow In This early whale still holds Shiba Inu (SHIB) worth $2.5B Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC $HBAR, $BONK, $XRP, and More Ready for Big Moves: Top 10 Assets in the Accumulation Phase BlackRock Bitcoin ETF's 'unheard of' first-day options trading volume pushes BTC to new all-time high Michael Saylor to pitch Microsoft board on Bitcoin buying strategy Just In: Bitcoin Price Breaks New ATH Above $93,800 BlackRock Exec Refutes 'Risk-On' Tag For Bitcoin, Here's Why Binance Unveils Major Update for SHIB, ADA, FLOKI and HBAR, What's Next? It’s all about content: How Solana meme coin reached a $300m market cap with viral videos? Bitcoin Slumps from $93,000 Peak as Long-Term Holders Cash Out $3 Billion NEIRO Rebound to $0.0030 Likely as Profit-Taking Stays Minimal