Bitcoin fell below ,000 amid U.S. and Israeli military strikes on Iran, reflecting its tendency to sell off during geopolitical tensions. The cryptocurrency's 24/7 liquidity makes it a volatile asset during global crises, as traders often exit positions over weekends. This pattern highlights Bitcoin's dual role as both a hedge and a speculative asset under uncertainty. The move could pressure broader crypto markets, with potential spillover effects on altcoins and stablecoins.
Bitcoin slides under ,000 as U.S. and Israel launch strikes on Iran
Bitcoin fell below ,000 amid U.S. and Israeli military strikes on Iran, reflecting its tendency to sell off during geopolitical tensions. The cryptocurrency'
ForexEF
2026-02-28
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