{"id":1227,"date":"2026-03-05T15:07:18","date_gmt":"2026-03-05T15:07:18","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=1227"},"modified":"2026-03-05T15:07:18","modified_gmt":"2026-03-05T15:07:18","slug":"crypto-markets-took-the-lead-after-us-iran-strike-says-bitwise-cio","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/03\/05\/crypto-markets-took-the-lead-after-us-iran-strike-says-bitwise-cio\/","title":{"rendered":"Crypto Markets Took the Lead After US Iran Strike, Says Bitwise CIO"},"content":{"rendered":"\n
\n
\"\"<\/figure>\n<\/figure>\n\n\n\n

According to Matt Hougan, the chief investment officer of Bitwise Asset Management, the recent military strike by the United States on Iran demonstrated the growing influence of cryptocurrency and blockchain based markets. With most traditional financial exchanges closed at the time, crypto platforms became the primary venue for market activity and price discovery.<\/p>\n\n\n\n

Donald Trump announced the strikes early on Saturday, February 28, 2026, at a time when financial markets in the United States, Europe, and Asia were not operating. As a result, blockchain markets that operate continuously became the main environment where traders could react to the news, execute trades, and assess the market impact. Hougan said the situation demonstrated how crypto markets can respond instantly and lead global trading activity when traditional markets are inactive.<\/p>\n\n\n\n

Blockchain Markets Respond Quickly to Geopolitical Events<\/strong><\/p>\n\n\n\n

The decentralized trading platform Hyperliquid recorded strong trading activity as market participants reacted to the developments. The platform offers perpetual futures contracts, including products linked to crude oil prices. According to Bloomberg, the oil related perpetual contracts on Hyperliquid were among the earliest indicators of market sentiment during the weekend.<\/p>\n\n\n\n

The platform\u2019s native token, HYPE, rose by roughly 30 percent over the weekend, showing how assets connected to the exchange reacted rapidly to geopolitical volatility.<\/p>\n\n\n\n

Several other digital assets also experienced a surge in activity. Tokenized gold products such as Tether Gold (XAUT) recorded more than 300 million dollars in trading volume within a single day. Prediction markets and crypto futures markets also saw significant increases in trading as participants adjusted their expectations in response to the rapidly evolving situation. These developments highlighted the increasing role of blockchain platforms in providing price discovery during periods when traditional markets are closed.<\/p>\n\n\n\n

A Potential Shift Toward On Chain Finance<\/strong><\/p>\n\n\n\n

Data from blockchain analytics companies indicated that large amounts of capital moved out of crypto exchanges in Iran shortly after the strike was announced. Millions of dollars in digital assets were withdrawn from Iranian platforms within a short period, demonstrating how quickly cryptocurrency markets can react to geopolitical uncertainty.<\/p>\n\n\n\n

Hougan suggested that events like these may encourage broader adoption of on chain financial infrastructure beyond the crypto industry\u2019s traditional user base. He explained that institutional investors may find it difficult to ignore tools such as stablecoin wallets and decentralized trading platforms. Ignoring these systems could place them at a disadvantage in markets that respond immediately to global developments.<\/p>\n\n\n\n

The situation also reflects a larger trend in global finance. When conventional financial systems are unavailable, blockchain based markets that operate continuously can become the main environment for price signals and capital movement. Over time, this dynamic could significantly influence how global markets respond to sudden geopolitical or economic shocks.#cryptonews https:\/\/t.me\/coinsignalpublic<\/a> <\/a>https:\/\/coinsignals.net<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

According to Matt Hougan, the chief investment officer of Bitwise Asset Management, the recent military strike by the United States on Iran demonstrated the growing influence...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1227","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=1227"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1227\/revisions"}],"predecessor-version":[{"id":1229,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1227\/revisions\/1229"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=1227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=1227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=1227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}