Market Cap: $3.2264T 7.740%
Volume(24h): $162.8717B 32.210%
  • Market Cap: $3.2264T 7.740%
  • Volume(24h): $162.8717B 32.210%
  • Fear & Greed Index:
  • Market Cap: $3.2264T 7.740%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$102645.326745 USD

3.86%

ethereum
ethereum

$2235.824185 USD

20.09%

tether
tether

$0.999978 USD

-0.04%

xrp
xrp

$2.318227 USD

6.77%

bnb
bnb

$626.285788 USD

2.98%

solana
solana

$162.866519 USD

8.45%

usd-coin
usd-coin

$1.000142 USD

0.00%

dogecoin
dogecoin

$0.196724 USD

10.69%

cardano
cardano

$0.771249 USD

9.92%

tron
tron

$0.256040 USD

2.64%

sui
sui

$3.963536 USD

10.47%

chainlink
chainlink

$15.896137 USD

10.95%

avalanche
avalanche

$22.320543 USD

11.21%

stellar
stellar

$0.296058 USD

10.87%

shiba-inu
shiba-inu

$0.000014 USD

9.85%

Cryptocurrency News Articles

Bitcoin Price Surges Past $100K as Geopolitical Tensions Rise: Investors Rush to BTC as Safe-Haven Asset

May 09, 2025 at 01:40 pm

Russian MP: Bitcoin is the New Gold in Global Conflicts: Anatoly Aksakov claims Bitcoin may already be used in cross-border military deals.

Bitcoin Price Surges Past $100K as Geopolitical Tensions Rise: Investors Rush to BTC as Safe-Haven Asset

Bitcoin price experienced a major surge despite rising tensions between India and Pakistan following Pahalgam attack and India’s Operation Sindoor saw Chinese defense stocks soar with some gaining 20% on Thursday and 36% over two days.

However, the main highlight was Bitcoin price which breached the $100K target, trading at $102,758.

As Bitcoin’s price continues to climb amid increased tensions between India and Pakistan, investors are flocking to the flagship cryptocurrency, seeing it as a safe-haven asset in times of global conflict.

Bitcoin Price Jumps Above $100K Amid Geopolitical Tensions

With tensions escalating between India and Pakistan, and Chinese defense stocks seeing a significant rise—some gaining up to 20% on Thursday and 36% over two days—the spotlight is also on Bitcoin price.

The cryptocurrency recently surpassed the much-anticipated $100K target, trading at $102,758. As Bitcoin’s price continues to surge, the market sentiment is overwhelmingly bullish.

Investors are increasingly viewing Bitcoin as a secure investment amid growing global unrest.

Russian MP Links India-Pakistan Conflict to Bitcoin Demand

A key figure in Russia’s cryptocurrency policy, Russian MP Anatoly Aksakov, has suggested that geopolitical instability, like the ongoing war between India and Pakistan, often drives investors toward safe-haven assets.

He claims that in times of conflict, Bitcoin offers a discreet and efficient way to move money across borders, especially when traditional banking systems are blocked or under heavy scrutiny.

Aksakov went on to speculate that Bitcoin might already be used in some regions for military and weapons deals, though he refrained from naming specific countries.

In Aksakov’s view, Bitcoin acts much like gold—a store of value during times of political or economic uncertainty.

With India and Pakistan’s tensions intensifying, Aksakov believes that more individuals and institutions could turn to Bitcoin as a means of safeguarding their wealth in volatile times.

Bitcoin’s Growing Role in International Finance

Aksakov’s comments come at a time when Russia is increasing its involvement in the cryptocurrency space.

One of the main architects of Russia’s crypto policy, Aksakov has helped shape the country’s digital asset regulations.

Meanwhile, Russian banks and businesses are actively exploring crypto-based payment solutions, such as Promsvyazbank’s A7 platform, designed for international transactions and is particularly geared towards trade involving both civilian and military goods.

Aksakov’s remarks underscore Bitcoin’s evolving role not just as a safe-haven asset but also as a strategic tool in global finance.

With rising geopolitical tensions, such as the ongoing India-Pakistan conflict, Bitcoin could soon play a more prominent role in international financial systems, allowing for transactions that bypass traditional banking channels.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on May 09, 2025