Crypto Markets Rocked by Middle East War, BTC Eyes $60K Floor

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Geopolitical developments dominated crypto markets this Saturday as coordinated U.S. and Israeli strikes on Iran coincided with a sharp move lower in Bitcoin (BTC), which traded toward $63,000, extending what is shaping up to be its weakest five-month stretch since 2018. Amid the volatility, notable developments unfolded across BTC, Ethereum (ETH), XRP, Dogecoin (DOGE), Arbitrum (ARB), Internet Computer (ICP), and several smaller-cap altcoins, while Wall Street and fintech firms continued expanding their digital asset infrastructure. This article reviews the key market-moving events, on-chain data points, and industry developments from the final days of February 2026.

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