BlockBeats News, March 1 — According to Bloomberg, after Iran confirmed the death of Supreme Leader Khamenei in a military operation by Israel, the crypto market rebounded sharply on Sunday morning in Asia.
Bitcoin rose as much as 2.21% to $68,196, then retreated to around $67,300; the previous day, it had fallen 3.8%. Ethereum increased by up to 4.58%, regaining the $2,000 level.
Data shows that after losing about $128 billion in market value the day before, the crypto market had already recovered approximately $32 billion on Sunday morning. Analysts note that due to 24/7 trading in the crypto market, Bitcoin acted as a “liquidity relief valve” during the weekend escalation of geopolitical conflicts, absorbing sell-offs that might have otherwise spilled over into stocks, bonds, and commodities markets.
However, the market still faces uncertainty. Iran has launched counterattacks against multiple locations including Israel, Qatar, the UAE, and Bahrain, and has threatened further strikes against U.S.-related bases. Some traders believe that true price discovery will occur once trading resumes for U.S. stocks and Bitcoin ETFs on Monday.
Derivatives markets also experienced significant volatility. Analysts point out that last Saturday, Bitcoin derivatives sell volume surged by approximately $1.8 billion in just one hour, indicating rising short-term risk aversion. Meanwhile, tokenized commodity contracts linked to oil, gold, and silver on decentralized trading platform Hyperliquid also saw price increases.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC 15-minute gain of 0.63%: ETF positive news combined with institutional fund inflows triggers breakthrough
From 2026-03-15 22:30 to 2026-03-15 22:45 (UTC), BTC rose 0.63% within 15 minutes, with a price range of 71926.4 to 72500.0 USDT and a volatility amplitude of 0.80%. During the same period, trading volume increased notably with buy-side dominance, market attention heated up, and fluctuation intensity exceeded the intraday average, reflecting rising sentiment and active short-term trading activity.
The main driver of this price movement is a macro positive catalyst: The US SEC released a positive statement regarding bitcoin ETF approval progress at 22:00, which directly bolstered
GateNews5m ago
AI Just Delivered the Hardest Blow to Bitcoin Yet
For fifteen years, Bitcoin was the sole top-performing asset class on the planet. It survived regulators, exchange outages, and the never-ending predictions of its death. But now, the threat is no longer regulators or bankers. The threat is now artificial intelligence, and the problem is
CaptainAltcoin22m ago
BTC breaks through 72000 USDT, 24-hour increase of 1.87%
Gate News report: On March 15, according to certain CEX market data, BTC broke through 72000 USDT, currently trading at 72007.7 USDT, with a 24-hour gain of 1.87%.
GateNews52m ago
Bitcoin Beats Stocks as STRC Signals $776M BTC Buying Potential
Bitcoin (CRYPTO: BTC) edged higher across the week, bucking a cautious, risk-off mood that has dominated broader financial markets amid ongoing geopolitical tensions in the Middle East and regional frictions. By Saturday, BTC had advanced more than 7% over the past week, trading near $70,625,
CryptoBreaking1h ago
BTC breaks through $72,000, intraday gain of 0.75%
Gate News reported that on March 15, BTC price broke through the $72,000 mark, with intraday gains reaching 0.75%.
GateNews1h ago
