Bitcoin proved once again this weekend that it is the world’s most sensitive geopolitical thermometer.
Following seismic reports out of the Middle East — specifically the confirmed death of Iran’s Supreme Leader Ayatollah Ali Khamenei — Bitcoin underwent a violent "flash crash" on February 28, diving from the high $60,000s to a local low of $63,000. The sudden power vacuum in Tehran triggered an immediate "risk-off" flight across global markets, but as has become tradition in the 2026 cycle, the digital asset was the first to find its footing.
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