Cryptocurrency as a Survival Weapon: How Middle East Wars Fuel the Crypto Market 🕌⚡️
📊 While the West discusses Bitcoin as an investment, in the Middle East, it is increasingly becoming a way to simply preserve money 💰 The annual volume of on-chain transactions in the MENA region increased from approximately $100 billion in 2022 to around $350 billion in 2025–2026 📈
The reasons behind this vary: in Egypt, Turkey, Lebanon, and Iran, people are driven into crypto by the devaluation of national currencies and banking system restrictions 🏦📉, whereas in the UAE and Bahrain, the drivers are entirely different—regulation, institutional money, and government economic diversification programs 🏗
🇮🇱 The Israel-Iran conflict became a sort of stress test: after the first strikes in June 2025, Bitcoin dipped by 2.3% to $105,200, Ethereum lost 7.5%, and the entire market contracted by 3.7% 📉 — but then the BTC price stabilized in the $104,000–106,000 range, and its market capitalization dominance rose to 64.8% 🛡
🟢 Exchanges didn't stop, even when everything else did: during the strikes on the UAE in 2026, local stock exchanges suspended trading, while crypto platforms continued to operate as usual ⚙️🌐
🇦🇪 In the UAE, it's a story of everyday life — the volume of small crypto payments (under $1,000) through merchant services there grew by 88.1%, with people literally paying for purchases with crypto ☕️🛍
🇹🇷 In Turkey, it's a different story — the country leads the region with a turnover of about $200 billion a year, but it's more about gambling than protecting savings: the average daily turnover of altcoins grew from $50 million at the end of 2024 to $240 million by mid-2025 🎰
🇮🇷 In Iran, analysts recorded a growing isolation of the market: the average number of intermediate transfers between Iranian services and international exchanges rose from 1.6 in 2021 to 4.1 in 2025 — each transaction is accumulating more intermediaries to bypass restrictions 🔒🔀
It paints an interesting picture: where people lose trust in their currency or banks, Bitcoin and stablecoins turn not into a speculative asset, but into a digital shelter 🏠💵. And judging by the numbers, this process is only accelerating along with the instability in the region itself 🌍⚡️
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