⛓️ Crypto🔴 BearishImportance 7/10

Bitcoin just dumped 7% after Trump hit Iran, and the real reason has nothing to do with crypto

CryptoSlate|Oluwapelumi Adejumo|February 28, 2026 at 04:05 PM|1 views

🤖AI Summary

Bitcoin dropped approximately 7% following Trump's military action against Iran, falling to around $63,000 and erasing recent weekly gains. Contrary to expectations of Bitcoin serving as a safe haven asset, crypto markets experienced selling pressure rather than inflows during this geopolitical tension.

Key Takeaways

→Bitcoin fell 7% to $63,000 following Trump's military action against Iran.
→Crypto markets saw selling pressure instead of safe haven buying during geopolitical tensions.
→The price drop erased some of Bitcoin's previous weekly gains.
→The decline challenges the narrative of Bitcoin as a digital safe haven asset.
→Geopolitical events continue to trigger risk-off sentiment in crypto markets.

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#bitcoin #price-drop #geopolitical #trump #iran #safe-haven #market-reaction #btc

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