Crypto Market Relief Rally
Over the past week, the crypto market has experienced a significant relief rally off the back of a large market downdraw due to geopolitical tensions. The initial negative impact on Bitcoin, triggered by the outbreak of war between Israel and Iran has begun to subside.
Market Crash Amidst Geopolitical Tensions
Over the weekend, the digital asset market experienced a significant crash, following the news of a war breaking out between Israel and Iran. This geopolitical uncertainty and fear of a potential large-scale war led to a shift in investor sentiment, with people moving away from risk-on assets and towards safer havens like gold and the US dollar which both experienced an increase.
Bitcoin Halving Event Impacts On Volatility and Cycles
Bitcoin's volatility is a strong characteristic tied to the digital asset. This analytical report will focus on the significant price swings and increased volatility observed in the months leading up to the Bitcoin halving events in 2016 and 2020.