Bloomberg: The US-Iran conflict has had a limited impact on Bitcoin, which continues to hover between $60,000 and $70,000.

CoinFeed reported on March 3rd, citing Bloomberg, that Bitcoin's price action after the outbreak of the US-Iran conflict over the weekend exhibited a back-and-forth pattern—falling after the news broke, then rebounding, with Monday's trading price already above pre-attack levels, leaving almost no lasting trace of fear or safe-haven demand. This movement reflects deeper market changes. Since the cryptocurrency crash last October, Bitcoin has been trapped in a narrow range of $60,000 to $70,000 after falling approximately 50% from its high. Much leverage has been unwound, retail participation has decreased, and capital flows have weakened. With reduced positioning, the subsequent impact of new shocks has also diminished. The clearer market signals do not come from Bitcoin itself, but from changes in positioning within the crypto platform.