Bitcoin Spikes to $70K as Trump Says 'Large-Scale Operations' Continue in Iran
By André Beganski
Published on March 2, 2026.
The price of Bitcoin rose to a two-week high near $70,000 as the war between the U.S. and Israel escalated into its third day. The leading digital asset by market cap, Bitcoin, recently changed hands at around $68,938, a 4.4% increase over the past day. Some platforms showed Bitcoin briefly rising above the $70k mark late Monday morning before it dropped back down. The Nasdaq Composite initially showed losses when it opened but surged to recover. The move reverses fears of the international conflict, which President Donald Trump indicated was still in full swing.
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