{"id":1891,"date":"2026-03-28T13:25:08","date_gmt":"2026-03-28T13:25:08","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=1891"},"modified":"2026-03-28T13:25:08","modified_gmt":"2026-03-28T13:25:08","slug":"bitcoin-falls-to-66k-while-ethereum-drops-below-2k-as-middle-east-conflict-continues-weekly-summary","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/03\/28\/bitcoin-falls-to-66k-while-ethereum-drops-below-2k-as-middle-east-conflict-continues-weekly-summary\/","title":{"rendered":"Bitcoin Falls to $66K While Ethereum Drops Below $2K as Middle East Conflict Continues: Weekly Summary"},"content":{"rendered":"\n
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Tomorrow marks one month since the conflict involving Iran began, and there is still no clear end in sight.<\/p>\n\n\n\n

This week brought further major developments in the tensions involving Iran, Israel, and the United States, with several twists that continue to impact the risk driven crypto market.<\/p>\n\n\n\n

Last Wednesday, Bitcoin was halted at $76,000 after gaining $13,000 following the initial shock of the Middle East strikes. In the days that followed, it dropped to around $70,000 after the US Federal Reserve decided to keep interest rates unchanged, though it managed to hold that level over the weekend.<\/p>\n\n\n\n

By Sunday evening and into Monday morning, Bitcoin slipped to $69,000 as the effects of weekend events spread to traditional financial markets. It then surged to nearly $72,000 after Donald Trump stated that the United States and Iran had made meaningful progress in negotiations.<\/p>\n\n\n\n

However, the rally was short lived. Bitcoin quickly fell back to $69,000 after Iran rejected those claims. Even so, reports later confirmed that some level of discussion had taken place, pushing Bitcoin back to $72,000 by Wednesday.<\/p>\n\n\n\n

That level proved difficult to maintain. Although Bitcoin stayed between $69,000 and $70,000 until yesterday, it dropped below both levels today, reaching a three week low slightly above $66,000. This decline followed reports that Bhutan\u2019s government had been moving Bitcoin, likely for selling, along with news that the United States may deploy thousands of troops to the Middle East.<\/p>\n\n\n\n

Compared to last Friday, Bitcoin is down roughly 6 percent. Other major cryptocurrencies such as Ethereum, XRP, and Solana have seen even steeper losses. A few tokens have gone against the trend, including TAO with a 15 percent increase and WLFI with a 7.5 percent gain.<\/p>\n\n\n\n

Market Overview<\/strong><\/p>\n\n\n\n

Market capitalization stands at $2.360 trillion, with a 24 hour trading volume of $112 billion and Bitcoin dominance at 56 percent.<\/p>\n\n\n\n

Bitcoin is priced at $66,400, down 5.4 percent. Ethereum is at $1,975, down 7 percent. XRP is at $1.33, down 7.8 percent.<\/p>\n\n\n\n

Key Crypto Stories This Week<\/strong><\/p>\n\n\n\n

A major development came from Better Home and Finance, a leading US mortgage company. According to a Wall Street Journal report, it has partnered with Coinbase to allow homebuyers to use Bitcoin and USDC as collateral for mortgages backed by Fannie Mae.<\/p>\n\n\n\n

The parent company of the New York Stock Exchange made another large investment in the crypto sector, committing $600 million to Polymarket. This brings its total investment in the prediction market platform to $2 billion.<\/p>\n\n\n\n

Analyst Ted Pillows suggested that Bitcoin may not have reached its lowest point yet. Based on declining electricity costs tied to mining, he believes the price could fall below $50,000 and potentially reach $45,000 during this cycle.<\/p>\n\n\n\n

Gold has also struggled amid the ongoing conflict and uncertainty. Despite Bitcoin\u2019s recent pullback, it remains slightly above its level at the start of the war, while gold prices have dropped significantly from their peak in late January.<\/p>\n\n\n\n

Balancer, a well known DeFi protocol, is scaling down operations after struggling to recover from a past hack despite restructuring efforts.<\/p>\n\n\n\n

Meanwhile, Michael Saylor\u2019s company, Strategy, purchased an additional 1,031 Bitcoin for $76.6 million. This brings its total holdings to more than 762,000 Bitcoin, even as unrealized losses continue to grow.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tomorrow marks one month since the conflict involving Iran began, and there is still no clear end in sight. This week brought further major developments in...<\/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-1891","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1891","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=1891"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1891\/revisions"}],"predecessor-version":[{"id":1893,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1891\/revisions\/1893"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=1891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=1891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=1891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}