Bitcoin falls below $65,000: What’s driving the latest crypto crash?
Published on 28/02/2026 06:07 PM
Bitcoin prices dropped below $65,000 on Saturday as the cryptocurrency market reacted sharply to reports that Israel and the United States had launched military attacks against Iran on Saturday.
The sudden escalation in geopolitical tensions triggered a wave of risk-off sentiment, where investors sell off volatile, high-risk assets like crypto and seek safer alternatives such as gold. As a result, Bitcoin USD fell nearly 3% on Saturday toward the low of $64,000.
(More to come)Eshita is a digital journalist at Mint, where she joined in May 2025. She covers business, corporates, finance, and business trends.
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