⛓️ Crypto🔴 BearishImportance 7/10Actionable

Bitcoin price drops to $63K as US, Israel bomb Iran

CoinTelegraph|Cointelegraph by William Suberg|February 28, 2026 at 08:23 AM|1 views

🤖AI Summary

Bitcoin price dropped to $63K following US and Israeli military actions against Iran, with the cryptocurrency facing geopolitical instability during a weekend when traditional markets were closed. Key support levels are reportedly still holding despite the geopolitical tensions.

Key Takeaways

→Bitcoin dropped to $63K amid US and Israeli bombing of Iran
→The price movement occurred during weekend hours when traditional markets were closed
→Bitcoin faced geopolitical instability independently without correlation to other asset classes
→Key technical support levels remain intact despite the decline
→Geopolitical tensions continue to impact cryptocurrency markets

Trade This Token

$BTC$0.0000▲+0.0%

#bitcoin #geopolitical #price-drop #iran #support-levels #weekend-trading #63k #military-action

Read Original →via CoinTelegraph

Crypto8h ago

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

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.

Crypto1h ago

Analyst Says XRP’s $15 Target Has Still Not Changed – Here’s Why

Crypto analyst Javon Marks maintains his $15 XRP price target despite the recent crash below $1.30, citing historical patterns of false breakdowns followed by parabolic rallies. The analysis points to potential 900%+ gains based on multi-cycle technical patterns, while whale activity shows continued bullish positioning despite significant downside risks.

Crypto1h ago

Ethereum Holder Retention Rebounds From a 4-Year Low

Ethereum holder retention is showing signs of recovery after hitting a 4-year low, though ETH price continues trading sideways with gradual decline. New participant exits are weighing on sentiment despite some improving long-term network metrics, creating a mixed outlook for the cryptocurrency.