#SATOSHI Carousel | Since the pandemic - Middle East conflict, Bitcoin has proven its resilience.

Although Bitcoin is still considered an emerging asset, it has proven its value is still rising during global phenomena that led to the collapse of asset prices in global financial markets, such as stocks, bonds, and commodities.
For example, when the COVID-19 pandemic broke out in March 2020, the price of Satoshi Nakamoto's digital assets once fell to US$6,438. However, by the end of the year, the price had risen by 350%, reaching US$28,993.
On the other hand, the price of Bitcoin also showed its resilience when Russian President Vladimir Putin invaded the Donbas region of Ukraine in February 2022. Despite briefly falling to a level of $34,700, Bitcoin rebounded a week later, returning to a level of $44,000.
In contrast, when U.S. President Donald Trump imposed a 34% tariff on China in April last year, Bitcoin briefly fell to $76,273, according to data from CoinMarketCap, on April 4, 2025.
After mutual retaliation actions due to tariffs, Bitcoin did experience price fluctuations, but there was no severe decline. In fact, the United States and China have reached a trade agreement, leading to a new historical high price of Bitcoin at $111,970 on May 23, 2025.
Despite the escalating conflicts in the Middle East, major companies like Strategy (MSTR) purchased 10,100 Bitcoin worth $1.05 billion on June 19, 2023 (Monday). Metaplanet also increased its holdings by 1,112 Bitcoin worth $116.5 million.
The surge in purchases made by Strategy is to address potential market volatility and to build a part of its reserves. This also indicates a long-term trust in Bitcoin as a hedge against the geopolitical uncertainty occurring between Iran and Israel.
Meanwhile, Bitcoin had dropped to $103,423, then rose again to $106,080 on Friday after (20/06). This demonstrates the volatility of Bitcoin in response to global uncertainties.