How major Geo-Political events have affected bitcoin price!

Crypto performs remarkably similar to stocks, having a brief one-day dip before gaining back and then some. The highest drops were during the Crimea Annexation and Iraqi insurgency but on average just after a week of the crisis, it was up 7% and after a month it was up 23%.
One important callout is that before 2017, crypto might have not been in such widespread use that Geopolitical developments could have a sizeable impact on them. What we might be seeing here is just the overall trend in the Crypto market (Remember that correlation is not always equal to causation).

You can read the full article deep-diving into both the stock market and crypto here.

/r/CryptoCurrency Thread Link - i.redd.it