Bitcoin hits 15-month low as geopolitical tensions rattle market
Business
Bitcoin and the whole crypto scene just took a massive hit—almost $500 billion vanished from the market as US-Iran tensions ramped up.
Bitcoin itself dropped to its lowest point in 15 months on February 3, sliding to $72,877 before bouncing back a bit to $76,200.
That's a 13% fall for 2026 so far and nearly 40% down from last October's record high.
Analyst says Bitcoin's 'digital gold' status is in question
Even though forced selling has slowed in Asia, the mood is still super cautious with Bitcoin trading at $76,200.
Analyst Rachael Lucas says people are staying on edge, especially since this crash is making folks question if Bitcoin really deserves its "digital gold" rep—especially when global tensions are running high.