Crypto Market Update: Iran Conflict Pushes Bitcoin Further Under US$67,000
Here’s a quick recap of the crypto landscape for March 2 as of 9:00 a.m. UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin (BTC) was priced at US$66,270.44, down by 0.4 percent over the last 24 hours.
Bitcoin price performance, March 2, 2026.
Chart via TradingView
Ether (ETH) was priced at US$1,947.16, down by 1.8 percent over the last 24 hours.
Altcoin price update
- XRP (XRP) was priced at US$1.35, down by 1.8 percent over 24 hours.
- Solana (SOL) was trading at US$83.41, down by 1.8 percent over 24 hours.
Today’s crypto news to know
Bitcoin slips under US$67,000 as Iran tensions continue
Bitcoin drifted back below $67,000 late Sunday as uncertainty surrounding the Iran-Israel conflict continued to weigh on global risk assets.
The token was down roughly 1 percent over 24 hours, after swinging sharply in response to US-Israel air strikes on Iran and retaliatory activity across the region. Prices had plunged to around US$63,255 early Saturday during the initial shock, only to rebound above US$68,000 later that day amid unconfirmed reports about Iran’s leadership.
Meanwhile, Ether hovered near US$1,950 after tumbling roughly 10 percent in the immediate aftermath of the escalation.
Bitcoin remains down about 23 percent year-to-date and nearly 50 percent off its October peak of US$126,000, with some Wall Street analysts warning a move toward US$50,000 is possible before any durable recovery takes hold.
X lifts crypto ad ban
Social media platform X has reversed course on its crypto advertising policy, removing digital assets and gambling from its list of prohibited industries for paid promotions.
The change opens the door for influencers and key opinion leaders to monetize crypto content legally on the platform, provided they follow new disclosure rules. Under X’s updated Paid Partnership framework, posts created as part of a commercial arrangement must carry a clear “Paid Partnership” label.
“Undisclosed promotions hurt the integrity of the product and lead people to distrust the content they read on X,” said Nikita Bier, the company’s head of product, adding that the update is meant to encourage transparency and regulatory compliance.
Influencers remain responsible for adhering to applicable laws, including Federal Trade Commission guidelines on endorsements. While crypto is no longer banned from paid partnerships, the platform maintains distinctions between sponsored content and traditional advertising placements.
UAE security alert prompts crypto firms to shift to remote work
Major cryptocurrency exchanges in the United Arab Emirates (UAE) have moved staff indoors after the country entered a heightened security posture, with authorities reporting missile interceptions and aerial defense activity across parts of the Gulf.
Binance and Bybit instructed UAE-based employees to remain home and work remotely until further notice. Binance circulated a company-wide notice directing staff to avoid outdoor areas and stay clear of windows and open spaces.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
