The February 2026 strike on Iran's military infrastructure by the US and Israel sent shockwaves through the global cryptocurrency market.
Bitcoin, the largest digital currency, experienced a significant downturn in value, plummeting by 8.5% within hours of the announcement.
However, Bitcoin demonstrated resilience in the face of uncertainty, rebounding to around $67,000 just two weeks later.
This rapid price movement underscores the unique characteristics of cryptocurrency markets, which can react quickly and unpredictably to breaking news.