Bitcoin Price Slides but Holds Up Better Than Stocks as Oil Shock Continues
Airfind news item
By Sebastian Sinclair
Published on March 23, 2026.
Bitcoin has dropped slightly over the past week, but its declines have been less severe than the broader equity drawdown since the Iran conflict began on February 28. The world's largest crypto traded at around $68,000 on Sunday, down roughly 2%, and about 6% over the following seven days. This comes as the Iran war enters its fourth week, pushing crude prices higher and contributing to a broader pullback in risk assets. U.S. stocks have fallen for four consecutive weeks, with the S&P 500 breaking below its 200-day moving average for the first time since March of last year. However, Bitcoin's monthly decline has been more modest than the drop in equities, with a loss of just 0.2%. Experts attribute this to earlier deleveraging in the crypto market and continued institutional participation.
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