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Bitcoin, cryptos under pressure as oil spikes 6% and global markets price in U.S.-Iran conflict

Bitcoin, cryptos under pressure as oil spikes 6% and global markets price in U.S.-Iran conflict

2026-03-02

Bitcoin fell back to $66,700 as traditional markets opened to their first chance to price the weekend’s military escalation, with oil surging to $77 and Asian equities dropping 1.4%.

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