Feb 28, 2026
Iran War Rocks Global Markets: What It Means for Stocks, Bitcoin, Gold and the Economy
AnalysisBitcoin Price Dropcrude oil pricescrypto market liquidationsglobal recession riskgold surge 2026Iran WarS&P 500 war historyStrait of Hormuz oil supply
TLDR: Bitcoin dropped to $63K within minutes of the Iran War breaking out, triggering over $515M in crypto liquidations. Gold surged past $5,200 as the Iran War intensified, with Bank of America forecasting a $6,000 per ounce target. The Strait of Hormuz carries 20% of global oil daily, and tankers are already halting movement amid [...]
The post Iran War Rocks Global Markets: What It Means for Stocks, Bitcoin, Gold and the Economy appeared first on Blockonomi.
Source: Blockonomi →Related News
- 5 days ago
Bitcoin (BTC) Price: Bitfinex Long Positions Surge to 28-Month Peak — Historical...
- 6 days ago
How a $100 Oil Shock Is Putting Bitcoin’s Digital Gold Status to the Test
- 6 days ago
Dogecoin’s Repeating Cycle Structure Points to Potential Markup Phase Ahead
- 6 days ago
S&P 500 Drops for Fifth Week as Crash Warnings Rise Amid Iran War Fears
- 6 days ago
StarkWare Co-Founder Defends ZK Technology Amid Canton, Ethereum, and Solana Riv...