{"id":17783,"date":"2026-03-01T00:35:41","date_gmt":"2026-03-01T00:35:41","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/03\/01\/bitcoin-rebounds-after-iran-strikes-wipe-128b-from-market\/"},"modified":"2026-03-01T00:35:41","modified_gmt":"2026-03-01T00:35:41","slug":"bitcoin-rebounds-after-iran-strikes-wipe-128b-from-market","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/03\/01\/bitcoin-rebounds-after-iran-strikes-wipe-128b-from-market\/","title":{"rendered":"Bitcoin rebounds after Iran strikes wipe $128B from market"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/crypto.news\/app\/uploads\/2025\/02\/crypto-news-price-action-crashes-option05.webp\" \/><\/p>\n<div>\n<p class=\"is-style-lead\">Bitcoin fell to $63,062 before recovering to $66,201 following reports of large explosions in Tehran as the United States and Israel launched strikes across Iran.<\/p>\n<div id=\"cn-block-summary-block_64402bb60184e34b7e8148e013678a0c\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin dropped to $63K on Iran strike news before rebounding above $66K.<\/li>\n<li>Crypto market lost $128B in panic selling as missiles hit Middle East.<\/li>\n<li>UAE intercepted missiles safely as BTC and ETH recovered from lows.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ethereum (<a href=\"https:\/\/crypto.news\/price\/ethereum\/\" target=\"_blank\">ETH<\/a>) dropped to $1,837 before rebounding to $1,940. As per the data at the time of the attack, the crypto market erased approximately $128 billion in value in the immediate aftermath.<\/p>\n<p>Iran launched retaliatory missiles at multiple locations including Israel, Qatar, the United Arab Emirates, and Bahrain.<\/p>\n<p>They also threatened further strikes against U.S.-linked bases in Iraq.<\/p>\n<p>The UAE Ministry of Defence successfully intercepted Iranian missiles without damage or injuries, though fragments fell across Abu Dhabi.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Bitcoin and Ethereum recover from intraday lows<\/h2>\n<p>Bitcoin (<a href=\"https:\/\/crypto.news\/price\/bitcoin\/\" target=\"_blank\">BTC<\/a>) traded in a 24-hour range of $63,062 to $66,108 before settling at $66,201. The asset gained 1.12% over one hour and 1.28% over 24 hours. The intraday low of $63,062 is a 4.6% drop from the 24-hour high.<\/p>\n<p>Ethereum\u2019s 24-hour range spanned $1,837 to $1,946, with the current price at $1,940. The asset posted gains of 1.42% over one hour.<\/p>\n<p>Both assets demonstrated quick recovery from initial panic selling as markets assessed the scope of the military action.<\/p>\n<p>Bitcoin reclaimed the $66,000 level while Ethereum held above $1,900 after testing support below $1,850.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Regional missile exchanges cause risk-off sentiment<\/h2>\n<p>The strikes began Saturday with explosions reported in Tehran. U.S. President Donald Trump urged Iranians to overthrow the government once the military campaign concludes.<\/p>\n<p>Hours after the initial strikes, Iran launched missiles targeting Israel, Qatar, UAE, and Bahrain.<\/p>\n<p>The UAE Ministry of Defence intercepted the new wave of Iranian missiles launched toward the country.<\/p>\n<p>Fragments of intercepted missiles fell across several parts of Abu Dhabi including Saadiyat Island, Khalifa City, Bani Yas, Mohammed bin Zayed City, and Al Falah. No injuries were reported.<\/p>\n<p>The ministry affirmed readiness to deal with any threats and stated it is taking all necessary measures to counter anything aiming to undermine the country\u2019s security and stability.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/crypto-market-update-bitcoin-ethereum-price-drop-after-explosion-reported-in-tehran\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin fell to $63,062 before recovering to $66,201 following reports of large explosions in Tehran as the United States and Israel launched strikes across Iran. Summary Bitcoin dropped to $63K on Iran strike news before rebounding above $66K. Crypto market lost $128B in panic selling as missiles hit Middle East. UAE intercepted missiles safely as [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-17783","post","type-post","status-publish","format-standard","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/17783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=17783"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/17783\/revisions"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=17783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=17783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=17783"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=17783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}