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Organized the impact of geopolitical situations on the price of BTC and ETH over the past 3 years:
I believe there are mainly 3 large regional conflicts:
1. Russia-Ukraine War:
-Starting from February 2022, it will enter a fever pitch phase in February 2024, and it is currently ongoing;
2. Sudan Civil War:
- In April 2023, a large-scale civil war broke out in Sudan.
3. Middle East situation:
- On October 7, 2023, Hamas launched an attack on Israel, escalating the Israel-Palestine conflict;
-On October 2, 2024, Iran declared a full-scale war against Israel;
-On June 13, 2025, Israel declared war in reverse, and the Iraq War broke out;
As can be seen from the figure, the news of local wars has only brought about short-term price fluctuations for BTC and ETH, but in the medium to long term, the impact is not significant.