Impact of global economic turbulence on cryptocurrency development: behavior, risks and development prospects

The article considers the impact of global economic turbulence on the development of cryptocurrencies under the new geopolitical situation. The main attention is paid to the behavior of cryptocurrencies in periods of economic instability and geopolitical crises. The risks associated with increased volatility, inflation and sanctions are discussed, as well as the role of cryptocurrencies as a potential protective asset. The authors analyze the market dynamics against the backdrop of political decisions and international sanctions, and assess the prospects for further growth of cryptocurrencies in an unstable global economy. Adapting new technological and digital capabilities to the requirements of the modern market a new format of money and settlement system was created. The peak periods in the history of cryptocurrency creation are considered to be the creation of Bitcoin and Ethereum, which allowed making accumulated knowledge and opportunities available to a wide range of users. In conclusion, investor strategies related to the use of cryptocurrencies as an alternative financial instrument are discussed and their future prospects in the changing global context are predicted.