Bitcoin nears $70,000 in March
Bitcoin was trading near $69,581 in March 2026, bouncing back from recent lows near $63,000.
Ethereum is also holding steady around $2,000.
This jump comes as traders shift away from stocks and react to ongoing tensions in the Middle East.
Traders eye potential rally to mid-$80,000s
If Bitcoin can stay above $70,000 and break resistance between $72,000 and $77,000, we could see a stronger rally ahead; some forecasts suggest upside to the mid-$80,000s.
With global uncertainty and talk of a possible U.S.-Iran ceasefire, crypto prices are swinging more than usual.
Bitcoin's geopolitical journey
Bitcoin first dropped with the stock market when U.S.-Iran conflict heated up. Its price was closely tied to Nasdaq but moved opposite to gold.
Things turned around after policy moves by the US administration and signals of easing geopolitical tensions calmed some nerves, coinciding with a rapid Bitcoin rebound.