Analyst: Iran war fallout to dominate 2026, slowing BTC recovery

The fallout from the war between the U.S. and Iran is likely to weigh on the cryptocurrency market throughout 2026, with a Federal Reserve rate cut unlikely before the third quarter, according to one analyst. Cointelegraph reported on an analysis by Nic Puckrin, CEO of the crypto media outlet and YouTube channel Coin Bureau, which has 2.73 million subscribers. Puckrin stated that even if the war were to end immediately, its effects would be the biggest issue of 2026 and the dominant market narrative for at least the second quarter. He noted that Bitcoin's recovery is already facing headwinds. Puckrin believes a Fed rate cut could be expected in late Q3 or Q4, but it might not happen at all this year. For Bitcoin to recover to $90,000, he outlined several necessary conditions, including a U.S.-Iran ceasefire, oil prices falling below $80, and an easing of concerns about U.S. economic stagflation.