#深度创作营 The impact of the US-Iran war on the crypto circle can be divided into three stages: short-term panic selling, medium-term supply and demand/hedging game, and long-term macro and regulatory trends. The core is a decline followed by differentiation.
1. Short-term (1-3 days): Panic selling, full-scale plunge
- Market performance: Once the news broke, the crypto market instantly plummeted. On 2026-02-28, Bitcoin dropped below $63,200 within an hour, Ethereum fell over 4.6%, and mainstream coins declined by more than 5%; approximately 1.2 million traders were liquidated in 24 hours, to