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.
Bitcoin quickly recovered to mid-$64,000 levels after experiencing volatility during U.S. and Israeli strikes on Iran over the weekend. The price swings occurred during low-liquidity hours, and market attention is now shifting to upcoming ETF flows data that could determine Bitcoin's next direction.
Ethereum is showing signs of a major breakout after flipping a corrective price channel, with technical analysis suggesting the start of Wave 3 of an impulsive rally. Analysts project a minimum target of $2,624.14 with potential extension to 261.8% Fibonacci levels, while recent price action swept range highs and captured liquidity.
Bitcoin continues to struggle with weekly losses and is currently range-bound between $60,000 and $70,000 levels. The cryptocurrency is facing resistance at the $70,000 ceiling while attempting to maintain support above the $60,000 fortress level.
JPMorgan believes Bitcoin's current stagnation could be resolved by the Clarity Act, new cryptocurrency legislation that would provide regulatory clarity. The bank expects this legislation to boost institutional participation and accelerate tokenization across U.S. crypto markets.
A crypto executive predicts consolidation among crypto treasury companies in 2026 as declining digital asset prices have left many treasuries trading underwater or at significant discounts to their net asset value. This market pressure is expected to drive merger and acquisition activity within the sector.
Iran's government operates a $7.8 billion cryptocurrency shadow economy to facilitate international trade amid sanctions. This crypto infrastructure also serves as a crucial financial lifeline for ordinary Iranians during protests and economic crises.
Bitcoin's self-custody culture has created a potential inheritance crisis as early adopters age, with many holders maintaining single points of failure in their storage systems. The article suggests 2026 could mark the beginning of significant wealth losses due to inadequate succession planning for Bitcoin holdings.
Ethereum co-founder Vitalik Buterin released a technical roadmap called the 'Strawmap' outlining how Ethereum could scale to handle 1,000 times its current transaction capacity. The plan includes near-term upgrades like the 'Glamsterdam' protocol upgrade and longer-term implementation of zero-knowledge EVMs, while maintaining decentralization by not requiring more powerful hardware for node operators.
According to the person behind Meta's abandoned Diem token, the competitive advantage in stablecoins has shifted from technology to distribution networks held by incumbent players. This represents a fundamental change in how stablecoin success is determined in the evolving crypto payments landscape.
A judge has ruled against Binance's attempt to move class action lawsuits regarding token sales into arbitration. The lawsuits originated from a wave of legal action filed in April 2020 targeting major cryptocurrency exchanges and token issuers.
Bitcoin's price dropped to approximately $63,000 following U.S. and Israeli military strikes on Iran, but has since recovered most of its losses. The cryptocurrency market showed typical volatility in response to geopolitical tensions in the Middle East.
US Senator Chris Murphy announced plans to introduce legislation banning prediction markets, calling them 'corrupt and destabilizing.' The move specifically targets platforms like Polymarket amid concerns about war betting and insider trading risks.
Vitalik Buterin has announced Ethereum's roadmap for quantum resistance, proposing to replace the current consensus-layer BLS signatures with hash-based cryptographic schemes like Winternitz variants. This represents a significant step in preparing Ethereum's infrastructure against future quantum computing threats.
Bitcoin's price declined following news of US military action against Iran, while tokenized gold products like Tether's XAUT experienced significant price increases. This market movement reflects traditional safe-haven asset behavior during geopolitical tensions.
South Korea's National Tax Service accidentally leaked a full cryptocurrency wallet seed phrase in an official press release, resulting in the theft of seized crypto assets. The security breach occurred when the sensitive information was photographed and distributed publicly without detection.
Banking regulators have proposed new rules that would restrict third parties from passing stablecoin yield rewards to users. The regulatory change could significantly impact major crypto exchanges like Coinbase, though experts disagree on the exact implications for the industry.
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.
Market analyst Yonsei_dent predicts Bitcoin could drop to $31,500-$38,000 based on historical cycle patterns and the Supply In Profit indicator. This would represent a 70-75% drawdown from the cycle high, similar to the 2022 bear market that lasted six months in the bottom zone.
Fresh accounts on Polymarket made $1 million hours before U.S. airstrikes on Iran, raising questions about potential insider trading. Meanwhile, one trader who had previously profited $2 million betting against strikes lost $6.5 million in a single day when the attacks occurred.
Peter Schiff predicts that the current divergence between Bitcoin and precious metals will continue throughout the year, with Bitcoin declining while gold gains value. This suggests a potential shift in investor preference from cryptocurrency to traditional safe-haven assets.
The crypto community is expressing concerns about potential Iranian disruption of oil supply through the Strait of Hormuz, which could negatively impact cryptocurrency markets. However, experts suggest these fears may be exaggerated, arguing that a complete closure of the strait would be unlikely or impractical for Iran to implement.
Bitcoin faces significant selling pressure with $1.8 billion in sell volume as the cryptocurrency retests the $63,000 level. The derivatives market is experiencing intensifying bearish sentiment amid broader US market tensions.
Bitcoin struggled throughout February to sustainably break above $70,000, reaching only $71,000 before experiencing sharp reversals. This price region appears to be acting as key resistance to Bitcoin's bullish momentum heading into March.
Six cryptocurrency wallets allegedly profited $1.2 million from trades positioned around Iran's military strikes, raising insider trading concerns. The geopolitical events caused immediate crypto market volatility with assets declining before modest recoveries.