2026-02-28 18:31:55

Bitcoin (BTC) is valued at nearly $63,000 - $64,000 USD on February 28, 2026, down more than 3% after tensions in the Middle East (attacking Iran) increased and concerns about instability in risk markets. The cryptocurrency market is under heavy downward pressure, moving away from the peak near $98,000 USD at the end of 2025.

Key points of the market today:
Decline after conflict: Bitcoin drops following news of geopolitical tensions, affecting the stock market as well.
Accumulated decline: Bitcoin has fallen more than 30% from its all-time high recorded at the end of 2025.
Bearish context: The overall market is declining, with analysts noting a high correlation between Bitcoin and other risk assets.
Technical situation: Consecutive declines have been recorded in January and February, marking one of the worst starts to the year.

BTC1.68%

View Original

PEZKA

2026-02-28 14:37:42

Bitcoin (BTC) trades near $63,000 - $64,000 USD on February 28, 2026, suffering a drop of over 3% following increased tensions in the Middle East (attack on Iran) and fears of instability in risk markets. The crypto market is experiencing strong bearish pressure, moving away from the highs close to $98,000 at the end of 2025.
Key market points today:
Drop after conflict: Bitcoin fell after geopolitical tension news, also impacting the stock market.
Accumulated plunge: Bitcoin has declined more than 30% from its all-time highs recorded at the end of 2025.
Bearish context: The market overall shows declines, with analysts observing a high correlation between Bitcoin and other risk assets.
Technical situation: Consecutive declines have been recorded in January and February, marking one of the worst starts to the year.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes