{"id":69023,"date":"2026-03-02T10:08:30","date_gmt":"2026-03-02T10:08:30","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-drops-below-66k-as-iran-conflict-escalates-heres-what-to-expect\/"},"modified":"2026-03-02T10:08:30","modified_gmt":"2026-03-02T10:08:30","slug":"bitcoin-price-drops-below-66k-as-iran-conflict-escalates-heres-what-to-expect","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-drops-below-66k-as-iran-conflict-escalates-heres-what-to-expect\/","title":{"rendered":"Bitcoin price drops below $66k as Iran conflict escalates: Here\u2019s what to expect"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/bitcoin-market-chart-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/bitcoin-market-chart-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/bitcoin-market-chart-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/bitcoin-market-chart-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bitcoin drops below $66K as Middle East tensions spark volatility.<\/li>\n<li>$6.39 billion ETF outflows show weakening institutional crypto demand.<\/li>\n<li>BTC swings between $63K\u2013$65K; traders watch support and rate policy.<\/li>\n<\/ul>\n<p>Bitcoin (BTC) has slipped below the $66,000 mark as global markets react to <a href=\"https:\/\/www.youtube.com\/watch?v=5_i1dEBNuC8\">escalating tensions in the Middle East<\/a>.<\/p>\n<p>The rising conflict between Iran, the US, and Israel has prompted a wave of uncertainty that is affecting risk assets, including <a href=\"https:\/\/coinjournal.net\/compare\/best-cryptocurrency-exchanges\/\">cryptocurrencies<\/a>.<\/p>\n<p>Bitcoin, in particular, is showing sharp intraday swings in response to news developments.<\/p>\n<p>Early trading saw BTC fall as low as $63,000 before it recovered to above $65,000.<\/p>\n<p>This volatility reflects a mix of geopolitical fear and active liquidations in the derivatives market, with more than $130 million in long positions being forced to close and amplifying the downward pressure on the cryptocurrency.<\/p>\n<h2>The US, Israel, Iran war has sent shockwaves across markets<\/h2>\n<p>The current situation in the Middle East has made investors jittery.<\/p>\n<p>Traditionally, Bitcoin has sometimes been viewed as a hedge during global crises, but recent behaviour shows it acting more like a risk asset.<\/p>\n<p>Notably, Bitcoin\u2019s price has been moving in close correlation with equities, particularly major stock indices, rather than holding steady in turbulent times.<\/p>\n<p>Gold and oil, however, have seen upward movements, with oil prices surging amid anticipation of supply disruptions.<\/p>\n<p>The <a href=\"https:\/\/goldprice.org\/\">price of Gold<\/a> has also climbed modestly, reflecting its traditional safe-haven status.<\/p>\n<p>These shifts indicate that money is flowing away from riskier assets like Bitcoin and toward instruments perceived as more stable during geopolitical stress.<\/p>\n<p>Long-term BTC holders, however, are showing resilience.<\/p>\n<p>After the initial sell-off, many investors took the opportunity to buy at lower levels, which contributed to a partial recovery.<\/p>\n<p>This has prevented Bitcoin from falling as sharply as some other risk assets, demonstrating that there is still significant support at levels around $65,000.<\/p>\n<h2 data-start=\"0\" data-end=\"32\">Institutional demand weakens<\/h2>\n<p>US-listed spot bitcoin and ether exchange-traded funds have recorded sustained outflows over the past four months, pointing to a sharp cooling in institutional participation in digital assets.<\/p>\n<p>Investors withdrew $6.39 billion from bitcoin ETFs during the period, the longest continuous monthly decline since the products launched in January 2024, according to SoSoValue data.<\/p>\n<p>Ether ETFs also saw $2.76 billion in outflows.<\/p>\n<p>The retreat coincided with a steep fall in token prices, with bitcoin dropping from above $126,000 in early October, while ether has fallen more than 60% from its August highs near $4,950.<\/p>\n<p>Spot ETFs had previously served as a visible channel for institutional inflows after their debut and following pro-crypto political developments in 2024.<\/p>\n<p>However, demand weakened after the October market downturn, reportedly linked to pricing inefficiencies on offshore exchange Binance.<\/p>\n<p>Although recent sessions have seen intermittent inflows, analysts say a consistent return of capital is required for a durable recovery.<\/p>\n<h2>What this means for Bitcoin going forward<\/h2>\n<p>Traders should expect more volatility in the short term since Bitcoin is sensitive to headlines, and any further escalation in the Middle East could trigger additional sharp movements.<\/p>\n<p>Traders should keep a close eye on the technical support level near $63,000, while resistance around $68,000 to $70,000 remains a key target for recovery.<\/p>\n<p>Also, besides the Middle East war, monetary policy may also play a role in the next BTC price movements.<\/p>\n<p>If central banks respond to the conflict with interest rate adjustments or liquidity measures, Bitcoin could benefit indirectly.<\/p>\n<p>Historical trends suggest that geopolitical crises followed by rate cuts or monetary easing often support risk assets, and cryptocurrencies could be no exception.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-price-drops-below-66k-as-iran-conflict-escalates-heres-what-to-expect\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin drops below $66K as Middle East tensions spark volatility. $6.39 billion ETF outflows show weakening institutional crypto demand. BTC swings between $63K\u2013$65K; traders watch support and rate policy. Bitcoin (BTC) has slipped below the $66,000 mark as global markets react [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":69024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/69023"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=69023"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/69023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/69024"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=69023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=69023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=69023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}