21Shares Strategist: Geopolitical Tensions May Boost Bitcoin's Price

21Shares strategist Matt Mena stated that Bitcoin's recent rebound indicates that escalating geopolitical tensions are driving investors towards cryptocurrencies. He noted that Bitcoin is increasingly being viewed as a "neutral" reserve asset, alongside traditional safe-haven assets like gold and silver. While Bitcoin fell over 6% last year, historically it has never experienced two consecutive years of decline, providing a basis for this year's rise.