Bitcoin Surges Past $100,000 Driven by India-Pakistan Tensions

Bitcoin prices have surged past the $100,000 mark, fueled by escalating geopolitical tensions between India and Pakistan. This surge is attributed to the conflict’s role as a safe haven for investors seeking stability amidst market uncertainty. Economist Anatoly Aksakov suggests that Bitcoin’s appeal stems from its ability to serve as a safe-haven asset during times of political unrest or potential conflict. His theory aligns with historical trends, highlighting how Bitcoin and gold are often favored by global investors looking to protect their wealth during such periods of heightened volatility.