2 hours ago
Bitcoin prices person recovered from their dip pursuing the US-Israeli aerial strikes connected Iran and reports of the decease of the Iranian Supreme Leader.
Bitcoin (BTC) prices reached $68,200 successful aboriginal trading connected Sunday greeting connected Coinbase, according to TradingView.
The plus has present recovered each losses from its dip to $63,000 connected Saturday, adding $5,000 successful little than 24 hours pursuing the quality that the United States and Israel had commenced air strikes connected Iran.
BTC is presently trading backmost astatine Friday’s levels, astir $67,350 astatine the clip of writing, but remains wrong a three-week range-bound channel.
Over the past 24 hours, astir 157,000 traders were liquidated, with full liquidations coming successful astatine $657 million, astir evenly divided betwixt leveraged longs and shorts, according to CoinGlass.
Iranian Supreme Leader Killed
Iran’s Supreme National Security Council said Ayatollah Khamenei was killed aboriginal Saturday greeting astatine his office, reported the BBC.
US President Donald Trump described the hardline Islamist cleric arsenic “one of the astir evil radical successful history” connected his societal media platform, Truth Social.
“This is not lone justness for the radical of Iran, but for each large Americans, and those radical from galore countries passim the world, that person been killed oregon mutilated by Khamenei and his pack of bloodthirsty thugs,” helium said.
The commander-in-chief of the Islamic Revolutionary Guard Corps, Mohammad Pakpour, and the caput of Iran’s Defense Council, Ali Shamkhani, were besides killed successful the US-Israel strikes.
Related: Bitcoin bottommost fractal calls for 130% rally, but is the exemplary valid successful 2026?
“After quality of Iran’s Supreme Leader Khamenei’s death, the marketplace pumped due to the fact that radical are taking it arsenic the extremity of the US-Iran war,” commented expert Ash Crypto connected Sunday.
“If this struggle shows signs of solution earlier Monday’s open, I deliberation Bitcoin tin clasp its gains and determination higher,” helium added.
Source: Ash CryptoBitcoin’s third-worst February ever
Despite the caller gains, Bitcoin has conscionable closed its third-worst February successful past and lone the 4th clip since 2013 that the plus has ended the period successful the red.
BTC shed conscionable nether 15% past month, but its worst February was successful 2014 erstwhile it mislaid 31%, followed by 2025 erstwhile it fell 17.4%, according to CoinGlass.
The plus is besides connected way to adjacent its worst-performing archetypal quarter since 2018, having mislaid astir 23% truthful acold since the opening of the year.
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