Bitcoin slipped in the past 24 hours, but one top macroeconomist says a powerful rally could be just ahead. Bitcoin is down 1.18% to around $66,538, moving in line with the broader crypto market decline. The drop comes as rising tensions in the Middle East triggered a wider “risk-off” move across global markets. Investors pulled
BitMEX co-founder Arthur Hayes published a new essay on March 2 arguing that prolonged US military engagement with Iran would increase the likelihood of Federal Reserve rate cuts and money printing, ultimately driving Bitcoin higher. His thesis rests on a four-decade pattern: every major US military campaign in the Middle East has been followed by
Asian markets plunged on Monday as the fallout from US and Israeli military strikes on Iran sent oil surging, stocks tumbling, and investors scrambling for safe havens — but Bitcoin held up better than expected, trading around $66,500 after a weekend that saw it swing between $63,000 and $68,000. With the Strait of Hormuz effectively
The crypto market is under pressure again. Total market value has fallen to around $2.28 trillion, down more than 2% in the past 24 hours. Investors are asking the same question: Why is crypto crashing today? Here’s what’s happening: 1. Rising Tensions in the Middle East The biggest reason behind today’s drop is growing geopolitical
Bitcoin price started a decent increase above $66,000. $BTC is now consolidating above $66,000 and might aim for more gains above $67,200. Bitcoin started a fresh increase after it settled above the $65,500 support. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend line forming with
Bitcoin has so far absorbed the latest escalation in the Middle East, following a spike in volatility in U.S. futures on Sunday, as traders continue to parse the impact on global energy markets. U.S.-led strikes on Iranian targets have prompted retaliatory missile and drone attacks, raising fears of a wider regional conflict after reports that
The past few days have seen shocking developments on the geopolitical front, with the United States and Israel launching coordinated strikes against Iran. The operation took place on Saturday, February 28, 2026, and because cryptocurrency markets trade around the clock, Bitcoin’s price action quickly reflected the shock. Bitcoin became the world’s real-time measure of fear,
Bitcoin broke below an adjusted realized price level tied to newer supply, signaling fresh stress across the current cycle’s holder base. Meanwhile, traders still point to 72,000 as the pivot that could flip the market from range trading into a renewed push higher. Bitcoin Falls Below Adjusted Realized Price as Geopolitical Tensions Escalate Bitcoin traded
A noteworthy analysis regarding Bitcoin’s critical support level has been shared in the cryptocurrency market. Crypto analyst Murphy stated that the $64,500 level is a key support point for Bitcoin, but added that the current selling pressure is not strong enough to quickly push the price below $60,000. Murphy stated in his analysis that Bitcoin
Macro economist Henrik Zeberg has outlined a compelling case for Bitcoin (BTC) surging to between $110,000 and $120,000 this month. Zeberg attributed this anticipated rally to a combination of heightened risk appetite across financial markets, substantial inflows into exchange-traded funds (ETFs) focused on digital assets, and growing adoption by major institutions seeking exposure to cryptocurrencies.