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#IsraelStrikesIranBTCPlunges By the end of February 2026, Israeli missile strikes (along with the US) on Iran caused a sharp drop in the price of Bitcoin, which is used as a risk sensor in the crypto asset market.
What happened to BTC
After statements about a "preemptive strike" on Iran, BTC dropped within a few minutes from approximately $65,500 to around $63,700–$63,200, losing 2–3% on the line.
At some points, the market recorded a deeper decline to approximately $63,000–$64,000, corresponding to about 6–7% daily correction due to panic in "risk assets."