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Bitcoin In The Line Of Fire: Price Dips To $63k As US, Israel Launch Strikes On Iran

NewsBTC|Christian Encila|February 28, 2026 at 03:00 PM|1 views

🤖AI Summary

Bitcoin dropped 3.8% to $63,038 and Ethereum fell 9% following coordinated US-Israel military strikes on Iran's nuclear and military facilities. Over 152,000 crypto traders were liquidated totaling $515 million as digital assets absorbed weekend panic selling while traditional markets remained closed.

Key Takeaways

→Bitcoin fell from $66,000 to $63,038 within hours of US-Israel strikes on Iran being confirmed.
→Total crypto market cap lost $128 billion with major altcoins dropping 8-12% across the board.
→Over $515 million in liquidations occurred within 24 hours, with 152,000+ traders affected.
→Crypto markets absorbed full geopolitical panic as traditional stock and bond markets were closed for the weekend.
→The Fear and Greed Index plummeted to 14, indicating extreme fear among crypto investors.

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#bitcoin #ethereum #geopolitical-risk #iran #israel #liquidations #market-crash #weekend-trading #fear-and-greed #military-strikes

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