While Bitcoin Surge After Airstrikes, the Real Winner Was Cardano

Bitcoin Surge After Airstrikes: Why Conflict Is Fueling Crypto Prices?

When India launched airstrikes in regions of Pakistan to exacerbate tensions from the previous few weeks, Bitcoin spiked above $97,000 late Tuesday. However, it then fell to $96,500 in Asian hours on Wednesday. According to reports, risk assets have increased in the hours since the U.S. stock market closed on Wednesday due to a scheduled meeting to discuss tariffs between the United States and China. But once word of India’s “Operation Sindoor” leaked out in the wee hours of the morning, those gains were undone.

Crypto Market Divided: Bitcoin’s Volatility vs. Cardano’s Steady Rise

A surge higher, as Bitcoin is seen as a hedge, is anticipated. However, traders anticipate more volatility in the days ahead as the regional battles further erode traders’ willingness to take risks.

Volatility in the markets is soaring as bitcoin surges to $97K from the intensifying conflict between India and Pakistan. This is in addition to plans by the US and China to discuss a trade deal this week. This upward movement came as a surprise, as investors were de-risking positions ahead of a decision by the Fed about changing interest rates. Geopolitical uncertainty and macroeconomic volatility may send Bitcoin to new highs as a hedge against greater market risks,

Nick Ruck, director at LVRG Research

In contrast to the expected volatility in Bitcoin, Cardano stood out today. ADA led the main rise with a 4.78% increase in the last 24 hours. During the same time frame, trading volume rose by 5.77% and market value by 4.89%.

Bitcoin’s Active Addresses Hit 6-Month High: $100K Breakout Ahead?

A rise in active addresses, a measure of wallet activity that some view as an indication of impending instability, coincided with bitcoin’s recent increase, according to several traders.

Bitcoin’s recent rally to the $87,500–a spike in active addresses backs $97,500 range (now at a 6-month high) pointing to rising demand and renewed network activity. This surge supports a bullish case for a potential breakout toward $100K, though confirmation depends on multiple indicators aligning,

Traders should also monitor macro conditions, Bitcoin dominance, currently nearing the 55% mark, and rising hash rates. Meanwhile, Ethereum trades in a narrower $1,600–$1,900 range, still lagging behind BTC’s momentum, with sentiment more muted amid fewer catalysts and cautious capital rotation into altcoins,

Ryan Lee, chief analyst at Bitget Research

For more up-to-date crypto news, you can follow Crypto Data Space.