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According to CoinNess market monitoring, BTC has risen above $67,000. BTC is trading at $67,044.09 on the Binance USDT market.

According to CoinNess market monitoring, BTC has risen above $66,000. BTC is trading at $66,074.92 on the Binance USDT market.

We provide real-time cryptocurrency updates around the clock from 10:00 p.m. UTC on Sunday through 3:00 p.m. UTC on Saturday. Outside these hours, coverage is limited to critical market-moving developments.

According to Walter Bloomberg, Iran's Foreign Minister stated that attacks against Iran must cease before any dialogue can take place, adding that the country is interested in de-escalation. The minister also assured that Iran would not develop missiles to attack the U.S. mainland but affirmed that the country would not relinquish its rights, including uranium enrichment. There is reportedly no current communication between Iran and the U.S.

A Polymarket prediction market participant, identified as anoin123, lost approximately $6.5 million in a single day after an airstrike on Iran invalidated a long-held bet, Lookonchain reported. The trader had previously accumulated over $2 million in profits over the past two months by consistently betting that the U.S. and Israel would not attack Iran. The sudden reversal turned the trader's position from a profit of over $2 million to a loss of more than $4.5 million.

China's Ministry of Foreign Affairs has urged an immediate halt to ongoing military operations in the Middle East, stating that Iran's national sovereignty, security, and territorial integrity must be respected and protected.

According to CoinNess market monitoring, BTC has risen above $65,000. BTC is trading at $65,018.99 on the Binance USDT market.

The United States has a series of plans for a phased bombing of Iran, Walter Bloomberg reported, citing CNN. The report added that Saudi Arabia will also join the U.S. in operations related to Iran.

The White House has denied reports that President Donald Trump would deliver an additional address to the nation on Saturday morning.

Bitcoin (BTC) could be entering its longest bear market since 2018, as it is poised to record its fifth consecutive monthly decline, CoinDesk reported. BTC is currently trading around $64,000, down over 19% in February and about 52% from its high last October. Some analysts warn of further declines, noting that past bear markets have seen average drops of over 80%. However, others suggest that rising accumulation and extreme bearish sentiment could set the stage for a short-term rebound.

The Chinese government has not released an official statement regarding the recent events, Walter Bloomberg reported. However, he noted that the state-run media outlet Global Times, citing experts, reported that the U.S. and Israel have long sought regime change in Iran and that recent negotiations may have been merely a diplomatic disguise. China had previously urged the U.S. to exercise restraint, warning that further escalation of the conflict would not benefit any party. Beijing also has a strategic interest in maintaining stability in the Strait of Hormuz, a critical channel for its energy imports from the Middle East.

Walter Bloomberg reported on X that Iran has just launched additional missile attacks against Israeli territory, with a strike also confirmed on a U.S. military base in Kuwait.

U.Today reported that 23,300 BTC held at a loss were deposited into exchanges over the past 24 hours, citing a contribution from Maartunn on CryptoQuant. This movement is interpreted as being for stop-loss selling rather than profit-taking. Today, amid spreading risks from the war in Iran, BTC fell to an intraday low of $63,019, dropping below the $64,000 mark. BTC's cumulative decline in February is approximately 19%. The market anticipates the potential for increased volatility if capitulation selling, primarily from short-term holders, continues.

The annualized funding rate for Bitcoin (BTC) perpetual futures has dropped to -6%, its lowest level in three months, CoinDesk reported, citing data from CoinGlass. This is a similar level to that seen on Feb. 6, when Bitcoin's price fell to $60,000. A negative funding rate indicates an excessive concentration of bearish bets, as it requires traders with short positions to pay those with long positions. During the same period, coin-margined open interest (OI) increased from 668,000 BTC to 687,000 BTC, showing expanded participation in the derivatives market despite price volatility. Furthermore, total crypto market liquidations over the past 24 hours exceeded $500 million, with long positions accounting for the majority at approximately $420 million. Market analysts suggest that if short positions become overcrowded, a price rebound could trigger a large-scale liquidation of shorts, a scenario known as a short squeeze.

Bitcoin (BTC) could see further declines amid expanding geopolitical risks in the Middle East, CoinDesk reported. While BTC is currently holding the $63,000 level, there is speculation it could test the $60,000 support line as a broader risk-off sentiment spreads when traditional financial markets reopen. The initial sell-off shock was absorbed amid thin weekend liquidity, but analysts suggest a second wave of synchronized selling could occur if stock, bond, and oil markets fall sharply at the start of the trading week. In particular, a surge in oil prices could reignite inflation concerns, potentially increasing volatility across all risk assets. The market is identifying the $60,000 level, which held during the sharp drop on Feb. 5, as a key short-term support zone.

A wallet created just three days ago has realized a profit of approximately $493,512 on the crypto-based prediction market Polymarket by betting "YES" on a U.S. strike against Iran, Onchain Lens reported. The wallet placed a $60,816 bet on a contract for a strike on Feb. 28 and an additional $3,000 on a March 1 contract. This pattern of securing a large profit from a high-stakes bet in a very short timeframe has led to suspicions that the trade may have been based on insider information.

President Donald Trump is expected to address the nation on Saturday morning, Axios reported. Meanwhile, The New York Times (NYT) reported, citing U.S. officials, that the current situation with Iran could last for days or even weeks.

A U.S.-Israeli airstrike has reportedly killed a high-ranking commander of the Iranian Revolutionary Guard Corps (IRGC) and several political officials, Walter Bloomberg reported. Iran's Supreme Leader Ayatollah Khamenei and President Masoud Pezeshkian were also targeted in the attack, though Israel stated the outcome of that strike is unclear. Meanwhile, Iran's state-run Fars News Agency reported that the IRGC is attacking U.S. military bases in Kuwait, the UAE, Qatar, and Bahrain.

Selling pressure in the crypto derivatives market surged immediately following the escalation of tensions between the U.S. and Iran, according to CryptoQuant contributor Darkfost. He noted that approximately $1.8 billion in sell orders appeared within a single hour, causing the derivatives pressure index to plummet from 30% to 18%. This sharp drop signals a strong bearish turn, reflecting a rapid increase in short-term risk aversion that has created a seller-dominated market. However, Darkfost added that a technical rebound is possible if positions become excessively skewed to one side.

An anonymous whale address starting with 0x172 borrowed $7 million in USDC from Aave (AAVE) to purchase an additional 3,753 ETH amid the market downturn, Onchain Lens reported. The average purchase price was $1,865 per coin. This whale now holds a total of 15,964 ETH, valued at $29.68 million.

Bitcoin's daily decline is approaching 4% after Israel conducted a preemptive strike on Iran, Cointelegraph reported. The price of BTC is currently testing the $63,000 support level. With the February monthly close just hours away, the publication noted that Bitcoin is at risk of recording its fifth consecutive monthly decline for the first time in seven years. A higher-than-expected U.S. Producer Price Index (PPI) for January, announced on Feb. 27, is also contributing to negative market sentiment. Meanwhile, according to Coinglass data, forced liquidations have surpassed $250 million in the past four hours. Per CoinMarketCap, BTC is trading at $63,658.51, down 6.42% over the past 24 hours.

Israeli Prime Minister Benjamin Netanyahu announced in a statement that the United States and Israel have launched action to eliminate the threat from the Iranian regime. He stressed that Iran will absolutely not be allowed to possess nuclear weapons.

The Israel Defense Forces (IDF) announced it had detected missiles fired toward Israel. Iran was confirmed to have launched a total of 30 ballistic missiles at the country.

U.S. President Donald Trump has issued an official statement regarding an attack on Iran, financial news outlet jin10 reported. Trump announced that the U.S. had just launched a significant military operation in Iran with the goal of protecting the American people by eliminating the threat from the Iranian regime. He added that Iran is developing long-range missiles that threaten the U.S. and other nations, vowing to destroy these missiles and devastate the country's missile industry. Trump emphasized that Iran will never be allowed to possess nuclear weapons. Previously, the Israeli defense minister had stated that Israel conducted a preemptive strike on Iran to eliminate threats. U.S. media outlets, including CNN, have reported that the attack was a joint operation between the U.S. and Israel.

Major exchanges have seen $219 million worth of futures liquidated in the past hour. In the past 24 hours, $489 million worth of futures have been liquidated.