Bitcoin Slides Below $64,000 After Explosions Reported in Tehran

Bitcoin

Blockchain

Cryptocurrency

28th February 2026

Bitcoin and other digital assets fell sharply after Israel said it launched a preemptive strike on Iran on Saturday.

Bitcoin dropped as much as 3.8% to $63,038, while Ether, the second-largest token, slid 4.5% to $1,835. Roughly $128 billion in market value was erased across digital-assets in the immediate aftermath of the news, according to data from CoinGecko.

Author

Sidhartha Shukla

Source

bloomberg.com

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