coin-img-ETHETH+4.74%coin-img-BTCBTC+5.31%coin-img-XAUTXAUT-1.35%coin-img-PAXGPAXG-1.52%coin-img-TAATAA+6,050.12%coin-img-SOLSOL+5.91%coin-img-XRPXRP+3.04%coin-img-USDCUSDC-0.01%coin-img-ETHETH+4.74%coin-img-BTCBTC+5.31%coin-img-XAUTXAUT-1.35%coin-img-PAXGPAXG-1.52%coin-img-TAATAA+6,050.12%coin-img-SOLSOL+5.91%coin-img-XRPXRP+3.04%coin-img-USDCUSDC-0.01%coin-img-ETHETH+4.74%coin-img-BTCBTC+5.31%coin-img-XAUTXAUT-1.35%coin-img-PAXGPAXG-1.52%coin-img-TAATAA+6,050.12%coin-img-SOLSOL+5.91%coin-img-XRPXRP+3.04%coin-img-USDCUSDC-0.01%coin-img-ETHETH+4.74%coin-img-BTCBTC+5.31%coin-img-XAUTXAUT-1.35%coin-img-PAXGPAXG-1.52%coin-img-TAATAA+6,050.12%coin-img-SOLSOL+5.91%coin-img-XRPXRP+3.04%coin-img-USDCUSDC-0.01%

Bitcoin Falls $3,000 on Reported US–Israeli Strike on Iran, Recovers Above $65,000

Bitcoin dropped $3,000 within roughly 30 minutes in February after reports on X of a joint US–Israeli strike on Iran, erasing about $128 billion in market value. The cryptocurrency recovered within 12 hours to trade above its pre-strike level, a rebound pattern not seen since the March 2023 regional banking turmoil. BlackRock research shows Bitcoin has historically reacted strongly to geopolitical events, including a roughly 20% gain in the 60 days following the 2020 US–Iran escalation, while the network's hashrate has climbed back above 1 zettahash.
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