Bitcoin slides below $64,000 after US and Israel strikes on Iran
Posted on : 28 Feb 2026 | By : Sidhartha Shukla Bloomberg
Bitcoin slides below $64,000 after US and Israel strikes on...
“The hour for your freedom is at hand,” Trump said, addressing Iranians in a video posted on Truth Social. “When we’re finished, take over your government. It will be yours to take. This will be probably your only chance for generations.” For Bitcoin, the losses extend a months-long selloff in crypto markets, beginning with the liquidation of some $19 billion in leveraged positions in October, just days after Bitcoin peaked at over $126,000. “As always, when critical events take place during the weekend, Bitcoin plays the role of pressure valve,” said Justin d’Anethan, head of research at Arctic Digital. Bitcoin pared some of its losses in the hours after the attacks. D’Anethan said the initial impact on the token wasn’t as drastic as some might have expected. “With a lot of the leverage already cleared out and exhausted sellers, there’s only so much impact macro events can have,” he added. “Not to say Bitcoin cannot go lower, just that a lot of the volatility has already been flushed out.”