Bitcoin has fallen sharply in recent weeks, falling from near $100,000 at the start of the year to around $63,000 today. The move comes at a time when escalating conflict in the Middle East has added uncertainty to global markets.
According to cryptocurrency expert Denisa Kele, the reaction of investors in such situations is immediate.
"Cryptocurrencies are among the most sensitive assets to geopolitical developments. When the perception of risk increases, capital quickly shifts towards safer instruments ," she told "A2 CNN.
Analysts estimate that in periods of tension, financial markets face waves of selling, while more speculative assets, such as cryptocurrencies, are affected more quickly. However, they recall that strong fluctuations have consistently accompanied this market and do not necessarily constitute a signal of a long-term crisis.
Data from Coin Market Cap shows that the decline has also included other major cryptocurrencies. Ethereum is trading below $2,000, Binance Coin around $622, and Solana around $85.
Experts emphasize that the further direction of the market will be determined by geopolitical developments and the level of investor confidence, which remains the key factor in price fluctuations.
According to estimates, there are up to 50,000 cryptocurrency investment portfolios in Albania, mainly in Bitcoin, with a total value of around $90 million. The recent market decline is directly reflected in the value of these investments.
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