Bitcoin's recent rebound is being tested by escalating geopolitical tensions, according to reports. The price of Bitcoin hovered around $66,000 on Sunday, March 1, following U.S. and Israeli strikes on Iran. An emergency U.N. Security Council meeting highlighted the risk of a broader conflict, with the U.S., Israel, and Iran trading accusations. Market attention has shifted to energy and shipping, with heightened risks around the Strait of Hormuz potentially disrupting crude pricing. The immediate question is whether the recovery holds once regulated U.S. venues reopen and spot ETF creations and redemptions resume. The developments increased the odds that Monday’s open becomes a broader cross-asset repricing event rather than a contained weekend scare.

Bitcoin's recent rebound is being tested by escalating geopolitical tensions, according to reports. The price of Bitcoin hovered around $66,000 on Sunday, March 1, following U.S. and Israeli strikes on Iran. An emergency U.N. Security Council meeting highlighted the risk of a broader conflict, with the U.S., Israel, and Iran trading accusations. Market attention has shifted to energy and shipping, with heightened risks around the Strait of Hormuz potentially disrupting crude pricing. The immediate question is whether the recovery holds once regulated U.S. venues reopen and spot ETF creations and redemptions resume. The developments increased the odds that Monday’s open becomes a broader cross-asset repricing event rather than a contained weekend scare.