You mixed things up in this write-up but I will try to explain in the shortest possible way. Inflation is mostly responsible for the fall of Bitcoin, and most countries' issues might not have any noticeable impact on Bitcoin unless the coin is popularly paired with their currency, that's how the market works. The exception of course is the news of adoption and retriction/ban by countries. Bitcoin can only be significantly impacted by the economies of the countries of the most popular currencies, in which the USD is number 1.


Point of correction, the price of Bitcoin started falling in 2021, not 2022 when the Russia-Ukraine war started. Mind you, the importance of the country that can cause the effect matters to the global economy, not just anyhow country. And on record, Bitcoin has been falling before the Russia-Ukraine war, surely, the war aggravated it as it increased global inflation as the world depends on the two countries for crude oil, vegetable oil, grains, raw materials and many more. However, the world is finding alternatives, and you can see it as the war continues, yet Bitcoin has increased in value.

There is nothing like the sentiment of countries here, inflation is the main consideration, and despite the challenges the economies of most counties are facing right now, Bitcoin still managed to rise since the beginning of this year and might touch another historical peak in 2024 since there are other favourable factors to consider.

Wars affect bitcoin prices in a way that it put fear on the funds of investors and derisk their money from their investments and convert it into available cash in case of the worst case scenario. Then it will start to set bearish prices on BTC and other assets like stocks, gold, and indices.

Sometimes wars and high-impact news also serve as manipulation in the market that will cause a false move and fluctuation in price swings. When OP state that Bitcoin seem to remained statics only implies that BTC is in a good stance because despite of negative global events, BTC still finds another support level to  remain in  a good spot to buy and invest in the long run.

Maybe it's just one part of the equation, but as we have seen, the war has been ongoing for more than a year but the bitcoin price has recovered already. From the lowest lost of $15,500, we have doubled it and reach $31k already. It's just on the correction right now, nevertheless, we can't blame the war as the only reasons. And the timing, the war started when we are in the beginning of a bear market.

We have the terra luna and then the ftx collapsed that contributed last year for the price really going down low. And then now the banking crisis in the US and in EU, but it seems that it has a positive impact as investors are looking for crypto to hedge their wealth.

You better provide dates or data to support your claim. Even if that were true, how would you explain the previous bear market then? As far as I remember correctly, there is no war back then. You should remember that correlation doesn't mean causation. Sure, countries in war probably mean people are less inclined to invest in high-risk assets, but it is hard to judge how much that contributes compared to other factors.

I believe financial ideology contributes more toward their crypto attitude. Not every government purely decides based on profit. Even if there is no war and every country is doing trades with each other, you can't expect all of them to have the same attitude to crypto. CMIIW.

The effects of war on Bitcoin are uncertain and can vary depending on the situation. In some cases, people may turn to Bitcoin as a safe haven to protect their wealth during times of economic instability caused by war, leading to an increase in demand and a rise in price. However, if the war causes significant disruptions to the global economy, adoption and use of Bitcoin may decrease, and its value may become more volatile. Overall, the impact of war on Bitcoin is difficult to predict and can be influenced by many different factors.

Prices will still plummet temporarily since war affects fiat and economic crisis affects all prices. But BTC is resilient to crisis and war which is why it still can be used by regardless of sanctions.

During the start Ukraine-Russia war, they were also using BTC sending money in and from in both countries.
The next war I suppose is Chian vs US and the reason is Taiwan. This is bigger than Russia-Ukraine war and will affect just about everything when China is involved.

All countries in the world do not want war to happen because it has an impact on all sectors ranging from the economy to very important problems, namely destroying human psychology.
In the economic sector, inflation. When inflation appears, it can damage all systems that damage working human resources.

If the Bitcoin price situation has decreased or has difficulty moving up, the relationship between Bitcoin and war does not always occur on a negative scale.
You can read the full history of Bitcoin, when it was launched, when the world's economic conditions were how Bitcoin was born and how the process of Bitcoin was born.
All of this is so that you can find definite answers with clear data.

I believe that war can effect the price of Bitcoin, but if we look at the history of how the price of Bitcoin has  been fallen, I can't claim that the currently it is  only war that is having serious impact on the price of Bitcoin. If I may describe the current state of Bitcoin, it would be due to all the negative news coming from various directions, such as government regulations, exchanges going under, and so forth. These factors have caused some investors to become fearful and begin withdrawing their funds from investments, and some nations have banned Bitcoin, which has slowed the growth of the cryptocurrency.

Op I don't think any powerful war have happened since existence of Bitcoin  that have effects on bitcoin like and there of bear market since expected that of Russia and Ukraine which you claim it have affected the price of bitcoin which I can't say it play serious part in it. I aware that war is not a good thing and if it happens in countries that adopted.I am sure it will cause seriously damage in the price of Bitcoin but recently war is not the main causes of price dropping.

War is within us. War can not be removed from us.  And if bitcoin price will reduce because of war in the world then the price will never go up again. As Russian and Ukrain war is subsiding, Sudan has started and evacuation of other countries citizens as started.

Whenever war starts in any part of the world it affects other parts directly or indirect and also all sphere of life and the economics institutions are more affected than other parts. In the contemporary age, the technological area is much more affected in the war zones. And if the technology is badly affected then it has affected the bitcoin blockchain in the war zones. War is not good but we can not afford it because it within us. One thing I know that affected bitcoin price is not necessarily war but the demand of buying and selling.