Bitcoin Jumps 5% to Near $69,000 as Trump Schedules March 2, 2026 Speech on Iran Conflict

Bitcoin's price surged from just above $65,000 to nearly $69,000 within about an hour, wiping out roughly $80 million in short positions. Major altcoins also rallied, with ETH reclaiming $2,000, SOL approaching $90, and XRP and BNB gaining over 4% in the same period. The sharp move comes amid rising geopolitical tensions following US and Israeli strikes on Iran and ahead of a March 2, 2026 speech in which US President Trump is set to address the Iran conflict.