How do global economic crises impact the BTC price?

How do global economic crises impact the BTC price?

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Global economic crises, such as recessions or financial system shocks, often have complex effects on the BTC price. During times of economic instability, Bitcoin may be perceived as a “safe haven” asset, similar to gold, leading to increased demand and price appreciation as investors seek to protect their capital.

However, initial market panic can sometimes cause widespread sell-offs, including Bitcoin, as investors liquidate assets for liquidity. Over time, as confidence in traditional financial systems declines, Bitcoin’s decentralized nature and scarcity can boost its appeal.

Following the BTC price during economic turmoil offers valuable insight into Bitcoin’s evolving role in the global financial ecosystem.

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