News
3 Mar 2026, 18:00
Bitcoin Slides Again as Iran War Jitters Hit BTC, Risk Assets

Iran war jitters attack once more, knocking investors out of risk assets and dragging the broader crypto market into the red. Bitcoin’s slide has kicked back in after a short-lived push above 70,000 dollars with BTC slipping about 2.3% into the high‑60,000s dollars. Bitcoin: A Snapshot Of The Uncertainty In Numbers For weeks, Bitcoin (BTC) has been struggling to hold above $70,000: on Monday it briefly pushed above 70,000 dollars, only to reverse and drop as much as 2.3% to 67,834 dollars in early European trading, before stabilizing around 68,100 dollars by 8:10 a.m. in London. This comes after a rejection near the $90k–$100k region in late 2025, lining up with US and Israel airstrikes on Iranian nuclear sites and fears around a possible closure of the Strait of Hormuz, which triggered classic risk‑off flows across crypto and other assets. Related Reading: Bitcoin In The Line Of Fire: Price Dips To $63k As US, Israel Launch Strikes On Iran A Broader Sentiment However concerning this may be for an asset known as the “digital gold”, this is not just a BTC issue. Ethereum, Solana and the rest of the large‑cap complex traded lower alongside it, confirming this as a broad risk‑off move. This seems to indicate that the risk of a prolonged war involving Iran is weighing on global risk appetite, and crypto appears to be trading firmly as a high‑beta risk asset. Investors continue to rotate into classic havens such as gold while selling crypto. This reinforces the idea that Bitcoin is still closely tied to broader risk sentiment during geopolitical unrest and not necessarily benefitting from it. Related Reading: How The Israel-Iran War Could Shake Crypto Prices, Explains Arthur Hayes It should be noted that, as Bloomberg reports, the Iran situation also feeds into fears of higher oil prices and stickier inflation. This could keep interest rates elevated for longer and further pressure speculative assets like cryptocurrencies. What Traders Are Watching For Traders appear to be trading headline to headline for now. For short‑term holders who bought into strength above 70,000 dollars, every hawkish Fed comment or fresh Iran escalation keeps their entries underwater and raises the odds they’ll be forced to cut at a loss, especially if Bitcoin makes a clean move toward the 60,000 dollar “line in the sand.” For long‑term holders, however, sitting on older, deeply profitable coins, the same headlines are more an exercise in patience than survival. A deeper sweep into the low‑60,000s would hurt mark‑to‑market, but it is still well inside a multi‑year profit zone and historically has been where these players either sit tight or quietly add. Once again, the numbers prove that the market is just as fragile as human’s fears. BTC's price trends to the downside on the daily chart. Source: BTCUSD on Tradingview Cover image from ChatGPT, BTCUSD chart from Tradingview.
3 Mar 2026, 18:00
Why Fundstrat’s Tom Lee expects a crypto market rally in March

Can crypto reverse its Q1 losses before end of March?
3 Mar 2026, 17:58
Cardano Struggles to Regain Momentum — Is ADA Building a Base for $0.40?

After recent setbacks, Cardano's ADA is showing signs of potential resurgence. Delays and market pressures have slowed its progress, but keen observers are speculating a possible foundation for future growth. As investors watch closely, the question remains: could ADA soon breach the $0.40 mark? This article explores the current landscape and highlights coins poised for a breakout. Cardano's Steady Climb: ADA's Current Price Holds Promise Source: tradingview Cardano (ADA) is currently trading between a little under a quarter to just over thirty cents. The coin recently held a week-long growth of about 0.4%. Its price sits under its 10-day and 100-day averages. The current situation indicates some stability. However, with the Relative Strength Index signaling it's oversold, a bounce back may be possible. If ADA pushes past the nearest resistance of thirty-three cents, it could aim for around forty cents. This growth would mean a rise of about 30%. While it faced a drop of nearly 68% over six months, its potential for recovery appears to be a point to watch. Conclusion ADA has faced challenges recently, but it is showing signs of strength. The price hovers around key levels, suggesting potential for an upward move. Signals indicate that ADA may be forming a solid base. The market will watch if this base can support a climb to the $0.40 mark. Investors remain hopeful, looking at market trends and overall sentiment. Robust support could drive ADA’s value higher in the short term. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 Mar 2026, 17:55
GBP/USD Plummets to 1.3300 as Middle East Turmoil Sparks Fierce US Dollar Rally

BitcoinWorld GBP/USD Plummets to 1.3300 as Middle East Turmoil Sparks Fierce US Dollar Rally LONDON, October 27, 2025 – The GBP/USD currency pair has plunged decisively to the 1.3300 support level, marking its weakest point in over three months. This significant forex movement stems primarily from escalating geopolitical tensions in the Middle East, which have triggered a powerful flight to safety among global investors. Consequently, capital is flowing rapidly into traditional haven assets, providing the US Dollar with substantial bullish momentum against most major counterparts, including the British Pound. GBP/USD Technical Breakdown and Key Support Levels The breach below 1.3350 represents a critical technical development for the currency pair. Market analysts are now scrutinizing the 1.3300 handle, a psychological and technical barrier that held firm during the market volatility of early 2024. A sustained break below this level could open the path toward the 1.3200 region. Conversely, the 1.3400 level now acts as immediate resistance, followed by the more formidable 1.3500 zone. The pair’s 50-day and 200-day moving averages have recently formed a bearish crossover, a pattern often interpreted by chartists as a confirmation of a downtrend. Daily trading volumes have surged by approximately 40% compared to the monthly average, underscoring the intensity of the current sell-off. Geopolitical Catalyst: Middle East Conflict Drives Safe-Haven Flows The primary catalyst for this forex shift is the intensification of military conflict in the Middle East. Historically, geopolitical instability in this oil-rich region creates immediate risk aversion in financial markets. Investors typically respond by reducing exposure to risk-sensitive assets and currencies, seeking the relative safety of the US Dollar, Swiss Franc, and Japanese Yen. The US Dollar Index (DXY), which tracks the dollar against a basket of six major currencies, has rallied over 1.8% this week alone. This surge directly pressures pairs like GBP/USD. Furthermore, the conflict raises concerns about potential disruptions to global energy supplies, which can stoke inflation fears and alter central bank policy expectations—a key driver for currency valuations. Comparative Central Bank Policy Outlook The geopolitical shock arrives at a sensitive juncture for monetary policy. The Bank of England (BoE) and the US Federal Reserve (Fed) were already on divergent paths. Recent UK inflation data has shown signs of moderating faster than anticipated, leading markets to price in a more dovish trajectory for the BoE. In contrast, resilient US economic data, particularly in the labor market, has allowed the Fed to maintain a stance of “higher for longer” interest rates. This interest rate differential inherently supports the US Dollar. The Middle East crisis amplifies this dynamic, as the Fed is often perceived as having greater policy flexibility to manage external economic shocks, reinforcing the dollar’s haven appeal. Economic Impacts and Market Sentiment Shifts The sterling’s depreciation carries immediate consequences. For the UK, a weaker pound makes imports more expensive, potentially complicating the BoE’s fight against inflation if it leads to higher consumer prices for imported goods. However, it also makes UK exports more competitive on the global stage, which could provide a boost to the manufacturing and services sectors. For the United States, a stronger dollar helps curb import-led inflation but can weigh on the earnings of American multinational corporations by making their overseas revenue less valuable when converted back to dollars. Market sentiment, as measured by the CNN Fear & Greed Index and similar gauges, has shifted sharply toward “fear” this week. Risk premiums have widened across asset classes, from equities to corporate bonds, with capital seeking the perceived safety of US Treasury bonds, further bolstering dollar demand. Recent GBP/USD Key Levels and Drivers Level/Driver Type Significance 1.3300 Support Major psychological & technical support; breach suggests further downside. 1.3400 Resistance New immediate resistance post-breakdown. Middle East Conflict Geopolitical Driver Primary catalyst for safe-haven USD buying. BoE vs. Fed Policy Fundamental Driver Diverging rate expectations underpin bearish GBP/USD trend. Key factors influencing the current forex landscape include: Safe-Haven Demand: The US Dollar’s status as the world’s primary reserve currency attracts capital during crises. Oil Price Volatility: Brent Crude futures have spiked, affecting currency correlations. Yield Differentials: US Treasury yields remain attractive relative to UK Gilts. Positioning Data: CFTC reports show speculative net-long positions on GBP have been reduced. Historical Context and Forward-Looking Analysis Historically, GBP/USD has demonstrated sensitivity to Middle East tensions. During similar periods of elevated risk in 2020 and 2022, the pair experienced drawdowns of 3-5% over a fortnight. The current move aligns with these historical patterns. Looking ahead, the currency pair’s trajectory will hinge on two interconnected narratives: the evolution of the geopolitical situation and incoming economic data. A de-escalation in the Middle East could prompt a swift retracement of the dollar’s gains. Conversely, prolonged instability will likely cement the dollar’s strength. Upcoming releases, such as the US Non-Farm Payrolls report and UK GDP figures, will be scrutinized for their impact on central bank policy expectations, providing the next fundamental cues for the pair. Conclusion The GBP/USD slide to 1.3300 underscores the powerful interplay between geopolitics and global finance. The Middle East conflict has acted as a potent accelerant, driving a fierce rally in the US Dollar as investors seek safety and reassess global risk. While technical factors and pre-existing monetary policy divergences set the stage, the geopolitical shock provided the decisive momentum for the break lower. Monitoring the 1.3300 support level is now crucial for traders and economists alike, as its durability will signal whether this is a temporary risk-off episode or the beginning of a more sustained downtrend for the currency pair. The situation remains fluid, with the GBP/USD exchange rate serving as a real-time barometer of global risk sentiment. FAQs Q1: Why does the US Dollar strengthen during geopolitical crises? The US Dollar is considered the world’s primary safe-haven currency . During times of global uncertainty, investors seek the stability and liquidity of US assets, particularly Treasury bonds. This increased demand for dollars to purchase these assets drives up the currency’s value. Q2: How does a weaker GBP/USD rate affect British consumers? A weaker pound means the cost of imported goods and services rises. This can increase inflation for items like fuel, food, and electronics. However, it also makes UK exports cheaper for foreign buyers, potentially boosting certain industries. Q3: What other currencies benefit from safe-haven flows besides the US Dollar? Traditionally, the Japanese Yen (JPY) and Swiss Franc (CHF) also act as safe havens. Gold is a major non-currency safe-haven asset. In the current climate, the US Dollar’s dominance in this role has been particularly pronounced. Q4: Could the Bank of England intervene to support the Pound? Direct intervention in forex markets by the BoE is extremely rare in modern times. The Bank typically focuses on its inflation mandate through interest rate policy. A rapidly falling pound would only likely prompt action if it severely threatened financial stability or the inflation target. Q5: What key economic data should I watch next for GBP/USD direction? Focus on data influencing central bank policy: UK inflation (CPI) and wage growth figures for the BoE, and US inflation (CPI/PCE) and employment data for the Fed. Any sign of a shift in the expected path of interest rates will cause significant currency movement. This post GBP/USD Plummets to 1.3300 as Middle East Turmoil Sparks Fierce US Dollar Rally first appeared on BitcoinWorld .
3 Mar 2026, 17:55
Morgan Stanley Eyes a National Crypto Trust — Coins That Could Benefit From Custody Demand

Morgan Stanley is exploring the potential to create a national crypto trust, signaling a significant shift in the financial landscape. This move could spark increased demand for crypto custody solutions, raising curiosity about which digital currencies might see a surge in value. The article delves into the coins primed for growth amidst this rising interest. POL Cryptocurrency at a Low Point, Poised for a Potential Rebound Source: tradingview POL , previously known as MATIC, is currently trading between ten and eleven cents. This shows a bearish trend, with a recent one-week fall of over eight percent and a six-month drop exceeding sixty-five percent. However, the low RSI of about 27 indicates the coin is oversold, hinting at a possible bounce back. POL needs to breach the nearby resistance just above twelve cents to gain upward momentum. If it manages to push to the next resistance under fifteen cents, it could mean a notable rise approaching twenty-five percent from the current range. Yet, it’s essential for POL to maintain support above nine cents to avoid further declines. Uniswap (UNI) Eyes Potential Rebound Despite Recent Challenges Source: tradingview Uniswap (UNI) is currently trading between $3.24 and $4.27, showing some recovery with a weekly increase of over 13 percent. Despite a rough half-year with a drop exceeding 60 percent, the recent surge hints at a potential uptrend. The immediate task for UNI is to break through the $4.79 resistance level. Targeting the next resistance at $5.81 could present a substantial upside of over one-third from current values. However, caution is due, as the Relative Strength Index indicates it’s not yet overbought. With the price moving above key moving averages, UNI might be on the verge of turning its fortunes around if it maintains this momentum. Chainlink Eyes Recovery Despite Recent Downturn Source: tradingview Chainlink's price is hovering between $7.96 and $9.50, showing a recent uptick of nearly 5% in a week, but still down more than 13% over the past month. Its six-month dip tells a grimmer tale, with a major downswing of over 60%. However, signs of potential recovery are on the horizon. It’s currently near a resistance level of $10, and if it breaks through, the next target is $11.85. This climb could mean a jump of about 24% from current levels. The indicators suggest LINK is oversold, hinting at a possible price surge. With such dynamics, Chainlink might be prepping for a turnaround. Conclusion With Morgan Stanley's interest in a national crypto trust, certain cryptocurrencies could see increased demand for custody solutions. POL, UNI, and LINK are among those likely to benefit from this development. Enhanced custody services could boost confidence and attract more investors to these coins. The shift towards institutional adoption could mark a pivotal moment for these assets. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 Mar 2026, 17:52
Core Scientific Sells Nearly Entire Bitcoin Reserve to Fund AI Hosting Expansion

Core Scientific plans to sell nearly all Bitcoin reserves early in 2026. The sale will support expansion in high-density AI hosting services. Continue Reading: Core Scientific Sells Nearly Entire Bitcoin Reserve to Fund AI Hosting Expansion The post Core Scientific Sells Nearly Entire Bitcoin Reserve to Fund AI Hosting Expansion appeared first on COINTURK NEWS .







































