Compass Investments

– The situation in the Middle East is rapidly escalating. The United States has detected Iranian preparations for a ballistic missile strike on Israel, a senior White House official said today. The official, who wished to remain anonymous, added that the U.S. is helping Israel prepare to defend itself against this potential attack, which could seriously affect Iran.

the situation comes amid growing tensions between Israel and Iranian-backed Hezbollah in Lebanon. Israeli forces have launched ground and air raids against Hezbollah positions in southern Lebanon. In response, Hezbollah fired rockets into Israel, causing mass evacuations. Bitcoin prices usually fluctuate in response to geopolitical unrest: in early April, after Israel launched a missile strike on Iran, the bitcoin price fell below $60,000.

Historical events such as the U.S.-China trade war and the Russia-Ukraine conflict have also shown that bitcoin fluctuates during geopolitical crises, with significant price fluctuations correlating with heightened tensions.