The original cryptocurrency fell as much as 4.3% to $65,997, the lowest since March 9
Bitcoin has sold off since the start of the war, losing roughly 20% since the US and Israel started their attacks on Iran at the end of February.
The sharp decline came within hours of Trump’s remarks, which marked a stark shift from his position just a day earlier, when he had suggested he was considering "winding down" the West Asia conflict.
CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal were called in for a probe at a police station in Mumbai on March 21, sources told Moneycontrol.
DigiVault supports over 1,000 digital assets across 120 plus blockchains, co-founder Ashish Singhal has told Moneycontrol. The product’s pricing will be customisable, aimed at institutional customer holdings of at least $10,000 or over Rs 10 lakh
Bitcoin has outperformed gold and equities during the Iran war, raising questions about its evolving role in global market stress.
Bitcoin has weathered the war with Iran, which broke out at the end of February, better than many traditional assets. Gold is down 4.9% this month, while Bitcoin is up 12.5%.
The founders of country’s top exchanges including CoinSwitch, Mudrex, Giottus and crypto hedge fund Blue Aster Capital were deliberating whether crypto is coming of age in India and how the sector can increase institutional participation in the country.
The original cryptocurrency rose as much as 2.21% to $68,196 following the news. It was trading at around $67,700 at 11 a.m. in Singapore, after dropping as much as 3.8% the previous day.
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Bitcoin dropped as much as 3.8% to $63,038, while Ether, the second-largest token, slid 4.5% to $1,835.
The largest cryptocurrency fell more than 3.5% to $65,674 in early morning New York trading, before reversing some of the decline
Futures traders should stay light, keep leverage low, and respect $65,000 as the invalidation level, says analyst.
Bitcoin earlier this month wiped out the remaining gains it had seen since Trump won re-election in November 2024.
Crypto analysts suggest a disciplined approach, such as staggered accumulation, maintaining adequate liquidity, and focusing on fundamentally strong assets, can help navigate the current phase.
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Analysts advises investors to prioritise position sizing, avoid leverage-heavy directional bets, and use staggered entries or tactical hedges to manage volatility until macro signals and ETF flows turn decisively supportive.
The token dropped as much as 3.2% to $66,604 on Tuesday in New York before paring the decline
For investors looking ahead, it is more important than ever to focus on fundamental conviction and disciplined entry points, says analyst.
Zhao added that he received $900,000 for his apartment in tranches, and used those payments to buy Bitcoin at an average price of around $600 apiece. Bitcoin today is worth around $67,000 apiece.
While large Bitcoin investors have started purchasing again, the token’s failure to attract wider buying puts it at risk of further declines.
The relative calm was in stark contrast to last week’s wild swings that saw Bitcoin on Thursday plunge to $60,033, its lowest since October 2024, before rallying back above $70,000 on Friday.
The original cryptocurrency fell as much as 4.8% to a fresh low of $60,033 on Friday morning, according to data compiled by Bloomberg