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Crypto Markets Rocked by Middle East War, BTC Eyes $60K Floor

Crypto Plunges Amid Middle East War

Written by Dario Cesaro
Updated this week

Geopolitical developments dominated crypto markets this Saturday as coordinated U.S. and Israeli strikes on Iran coincided with a sharp move lower in Bitcoin (BTC), which traded toward $63,000, extending what is shaping up to be its weakest five-month stretch since 2018. Amid the volatility, notable developments unfolded across BTC, Ethereum (ETH), XRP, Dogecoin (DOGE), Arbitrum (ARB), Internet Computer (ICP), and several smaller-cap altcoins, while Wall Street and fintech firms continued expanding their digital asset infrastructure. This article reviews the key market-moving events, on-chain data points, and industry developments from the final days of February 2026.

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