Why Bitcoin Tumbled On Geopolitical Tensions — And What History Says Happens Next

As geopolitical tensions spiked last week, Bitcoin (CRYPTO: BTC) and the broader crypto market experienced a sharp wave of bearish sentiment.  Will BTC repeat the historical risk-off-then-stabilize pattern like it did in earlier geopolitical crises?

What Happened: According to Santiment’s detailed post on Wednesday, a leading on-chain analytics platform, Bitcoin’s current price pattern resembles its behaviour during previous geopolitical flashpoints.

From June 12 to June 15, Bitcoin dropped 4%–6%, erasing over $200 billion from the total crypto market cap. Bearish sentiment spiked …

Full story available on Benzinga.com