Is WillBet Legal in Saudi Arabia in 2025?

Even though Bitcoin is considered to be a decentralized asset resistant to inflation and global economic changes, it still moves significantly along with the US financial news. Experts, speculators and investors claim that this goes directly against the original idea of cryptocurrencies which were supposed to act as a hedge fund, immune to unstable circumstances on the world stock markets, which is how Bitcoin used to be in the beginning. Today, economic conditions are interfering with every industry, including cryptos, due to many factors like the psychology of the markets, microeconomic circumstances, global and political issues, and other actions taken by financial institutions.  Is WillBet Legal in Saudi Arabia in 2025?

Regardless of being a peer-to-peer system, Bitcoin had to adjust to operating in a world heavily dominated by fiat currencies, especially the US dollar. For this, and many more reasons, Bitcoin had to play along with major financial systems, like becoming part of the strategic reserve of the US and somewhat giving up on its fundamental purpose like avoiding censorship and functioning independently from any government regulations.  Is WillBet Legal in Saudi Arabia in 2025?

Is WillBet Legal in Saudi Arabia in 2025?

One of the most important reasons Bitcoin changed its course was its adoption by institutions. In the last five years, there has been a surge in interest in Bitcoin. Investors, asset managers, major financial institutions, reputable crypto casinos like Stake.com, and even small business offices were making Bitcoin part of their portfolio. This helped Bitcoin immensely to go from being a niche asset with an unclear path to going mainstream and being adopted by respected institutions.  

The adoption, however, came with a tradeoff since traditional investors are highly susceptible to global economic conditions. When the US Federal Reserve hikes up the interest rates in an attempt to control inflation, investors tend to diversify and turn to more stable assets like government bonds, crude oil or gold. Bitcoin is now seen as a “beta asset” meaning that global economies massively impact its value. So, Bitcoin is mostly traded like tech stocks that are highly volatile, then gold for example.  

With the institutional adoption of Bitcoin, investors stopped seeing digital assets apart from the fiat currencies, but rather as possibly moneymaking investments that will be managed just like any other volatile stock. It became part of their financial books, not as the unregulated protection from inflation but as just another asset that will surely follow major moves in economies. This causes massive volatility in Bitcoin and its vulnerability to traditional stock exchanges.  

Is WillBet Legal in Saudi Arabia in 2025?

Another big reason why Bitcoin is so attached to the US dollar lies in the fact that the majority of trading happens in USD pairs, like BTCUSD, or BTCUSDT if trading at the crypto exchange. Whatever happens to the dollar, it will undoubtedly drag Bitcoin with it. For instance, if the US dollar goes up in value, it means that the economy is doing good, and the Federal Reserve will probably cut the rates boosting economic growth, but it will have a negative impact on Bitcoin depreciating its value since there’s less demand for cryptos when fiat currencies are on the rise.  

Also, let’s not forget that the US dollar is still the global reserve currency that serves as the foundation of global trade. Every change in value impacts markets across the world, including Bitcoin, and it will continue to do so as long as the dollar remains the dominant currency.  

When the dollar strengthens, many investors are naturally attracted to assets that are closely tied to it, like Treasury bonds, and Bitcoin and other cryptocurrencies take the backseat since they are considered too unstable compared to fiat. On the other hand, when the dollar drops in value, investors are searching for more stable assets, and are more willing to take the risk of investing in Bitcoin since the value of cryptos would rise.  

Is WillBet Legal in Saudi Arabia in 2025?

Liquidity is at the core of every financial system. The availability of money and credit is what regulates most exchange markets. And who controls the liquidity? The Federal Reserve is the one that pulls the strings of the money with its interest rates affecting every currency and asset on the market, including manufacturing industries, online retailers, the entertainment industry especially crypto betting platforms, and cryptocurrencies in general.  

When the Federal Reserve cuts the interest rates, there is a flood of money on the market. It becomes easier to take credit, which drives spending and the economy blossoms. Consumers are more likely to take risks investing in Bitcoin which would increase the demand and pull the price up. This is what happened in 2020 and 2021 when stimulus checks were boosting the US economy with a sudden influx of cash. Bitcoin’s price blew up several times over, reaching the historic maximum of $65,000.  

On the other side, we have an event when the Feds decide to increase interest rates in order to halt inflation. In this scenario, credit becomes more expensive, consumer spending slows, and investors pull back from speculative assets, meaning Bitcoin and other volatile assets. We saw this in 2022 when Bitcoin lost more than half of its value in just a few months due to surging interest rates.  

So there’s another factor that needs to be considered before investing in cryptos. The decentralized nature of Bitcoin is still there, but it’s influenced by many external circumstances, like inflation, GDP growth, and even the mere announcement of the Federal Reserve meeting can cause Bitcoin’s price to change.  

Is WillBet Legal in Saudi Arabia in 2025?

For years Bitcoin has been referred to as “digital gold” being that it’s the most stable digital coin on the crypto market. Still, many investors were hesitant to buy into the hype, watching the price change from the sidelines. Eventually, everyone joined in buying Bitcoin not as a stable capital investment like gold, but rather as an unpredictable asset. This was partly fueled by Bitcoin closely following the Nasdaq 100, which was heavily influenced by the state of the US economy.  

This is making the statement of Bitcoin being a hedge against inflation obsolete. If Bitcoin is tied to the movements of the market, and the US policies, then surely it cannot be decentralized as it claims. Originally, the notion was that during hard times, everyone would turn to Bitcoin in order to save their investments from the tumultuous global markets. However, in reality the opposite happened several times – everyone started selling off their Bitcoin reserves to preserve capital and get rid of what is perceived to be a volatile, risky investment.  

This leads us to the conclusion that buying and holding Bitcoin makes sense only in the long run. Short term investments are probably not going to be very profitable with cryptocurrencies. And this is where we go full circle. If Bitcoin is a long term investment, then it can surely be considered digital gold.   

Is WillBet Legal in Saudi Arabia in 2025?

Much of modern Bitcoin trading is driven by headlines and sentiment. Investors heavily rely on the latest headlines and financial alerts coming from every corner of the world. Every little ripple can cause markets to sway in unforeseen directions. For this reason, traders tend to follow news diligently and base most of their investing decisions on current developments.  

This is exactly what happened recently to the traditional stock exchanges with the introduction of the US tariffs. It shook international markets causing upsets followed by many aftershocks. Bitcoin wasn’t spared either. In March 2025, crypto markets took a dive, causing Bitcoin to lose almost 30% of its value. Now, why would this happen if Bitcoin was decentralized? It’s a complex issue.  

Tariffs influence micro and macro economies, sentiment among investors, risk management among traders, and change the forecast for every asset on the market. It’s a chain reaction that goes something like this:  

• The US government imposes tariffs that have a major impact on countries with large trade surpluses, like China for example.  
• This move triggers retaliation tariffs from the Chinese government raising the cost of imported goods for the American companies. When American business has to pay more, the cost is overspilled onto the consumers. So now we have hesitant customers who don’t have enough funds to make the usual purchases.  
• Further, the hampered consumerism provokes higher inflation since goods become more expensive. To stop the inflation, the Feds will probably hike up the interest rates which will boost the US dollar, causing it to spike.  
• All of the above are bad conditions for Bitcoin. When the dollar gains momentum, Bitcoin tends to drop since it is perceived as a risky asset and investors are moving onto something more stable.  

Further, tariffs created uncertainty across the globe. With trade wars in full swing and the dubious circumstance on the markets, investors usually either cash out of the market until it stabilizes, or transfer their capital into something safe like government issued bonds. As the money leaves the market, Bitcoin will almost certainly take a plunge like it did back in 2018 during the first bit of trade war between the US and China.  

However, particular circumstances can boost Bitcoin’s value. Tariffs can also backfire, diminishing the value of fiat currencies, and exposing the weak links in global trade. In other words, if just one act of implementing import taxes can throw off the balance the whole global economy, then is it really safe to keep the capital in fiat? This is the question that investors were wondering as they watched back and forth retaliation taxes between the two biggest economies of the world.  

This is where Bitcoin investors can massively profit. Every speculation, even a hint about the instability of fiat currencies is great for cryptos. In such conditions even the local population is looking to protect themselves from the upcoming inflation by buying and holding digital assets. Investors do the same, just on a bigger scale. In all, everyone, from the major financial institutions to the average workers, is seeking a safe harbor for their capital.   

Is WillBet Legal in Saudi Arabia in 2025?

In early 2024, the Securities and Exchange Commission approved spot Bitcoin ETFs deepening the connection with the US dollar. In practice, this means that now financial institutions can trade Bitcoin without holding it as a reserve, causing financial investors to approach digital assets with a relaxed attitude since they will not be directly involved in trading or affected by the volatility of crypto markets.  

Like always, there’s a downside to it. ETFs increase Bitcoin’s reputation and credibility, while at the same time bringing it closer to its fiat counterparts. When ETFs lose their value due to the shaky US economic circumstances, Bitcoin also loses its footing and starts to follow ETFs to the bottom.  

Also, let’s not forget that ETFs are subject to US regulations, which can massively impact the supply and demand of Bitcoin.  

Is WillBet Legal in Saudi Arabia in 2025?

Even though Bitcoin is a decentralized global asset, the majority of innovations regarding cryptos still come from the US. This is also true when it comes to rules and regulations. Bitcoin follows the laws of the US government which greatly influences the sentiment about it around the world. Not everyone is a fan of US policies, with some foreign investors choosing other assets over Bitcoin.  

News coming from the US almost always comes as a precourse for bigger change, even when the news is not related to crypto. Generally, interest rates shouldn’t impact Bitcoin, right? Well, they used to be irrelevant to crypto, but since Bitcoin became part of the strategic reserve, news about interest rates became highly significant.   

Is WillBet Legal in Saudi Arabia in 2025?

Bitcoin was designed to be an autonomous financial system, separated from any government’s regulations. At least, that’s what it’s supposed to be. Nowadays, Bitcoin is closely tied to the US dollar which impacts its movements on the market making it more volatile and riskier as an investment.  

Instead of looking at it as defeat, we should see it as another developmental stage in cryptocurrencies. In the future, as global adoption spreads and new markets emerge, Bitcoin may gradually detach from U.S. economic influence.