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How does Japan-North Korea tension affect Bitcoin?

A bomb-like news fell on the agenda towards midnight.. It was reported that a missile launched by North Korea passed over Japan.

Japanese Prime Minister Shinzo Abe stated that he would use all his strength to protect the Japanese people in his hunger strike.

The country’s government spokesperson was similar. described it as an unprecedented threat.

To summarize, the tension in the Far East is extremely high and this tension directly concerns the USA.

Bitcoin’s $4000 in the past weeks We published an article on how he got over it.. In that article, it was stated that North Korea‘s increasing nuclear threat played a role in increasing the value of Bitcoin so much.

When a war threat arises, investors want to direct their investments to safe havens.. When there was a similar tension two weeks ago, some of these investors preferred Bitcoin and the price of Bitcoin easily exceeded $ 4000 and rose to $ 4500.

Can withstand the $ 5000 limit

Now, tension in the Far East is higher than before. Therefore, it would not be a surprise to see a rise in Bitcoin as it did weeks ago.. Considering that Japan is the homeland of Bitcoin, it may even withstand the $5,000 limit in a not too distant time frame.. It should not be forgotten that South Korea, one of the countries with the largest Bitcoin transaction volume in the world, is in the middle of this tension.

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