#USIsraelStrikesIranBTCPlunges The current Bitcoin market is facing a perfect storm of macroeconomic and geopolitical headwinds, causing the leading digital asset to retreat significantly from its 2025 all-time high of $126,000. As of late February 2026, Bitcoin is struggling to maintain support in the $60,000–$64,000 range, marking a drawdown of roughly 50%.
The "Triple Threat" Driving the Fall
Several factors have converged to create this bearish momentum:
Geopolitical Conflict: On February 28, 2026, reports of military escalations between Israel and Iran triggered a sudden "risk-off" sen