Bitcoin slides under $64,000 as U.S. and Israel launch strikes on Iran

Market Intelligence Analysis

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Why This Matters

Bitcoin has dropped below $64,000 due to geopolitical tensions between the US, Israel, and Iran, following a historical pattern of selling off on such events before recovering.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The drop extends a pattern where bitcoin sells off on geopolitical shocks before recovering, as the token's 24/7 liquidity makes it one of the few large assets traders can exit over the weekend.

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Original article published by CoinDesk on February 28, 2026.
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