The conflict intensified on February 28, 2026, when the U.S. and Israel conducted joint strikes in Iran, which reportedly killed the Iranian Supreme Leader. This triggered retaliatory drone and missile attacks from Iran and led to a functional closure of the Strait of Hormuz, a critical oil chokepoint.

$BTC

BTC
BTC
71,093.23
+3.87%

$BNB

BNB
BNB
603.2
-0.05%

Factor Current Status (March 2026)

Bitcoin Price ~$68,215 (down ~1.5% today)

Market Sentiment "Extreme Fear" (8/100 on Fear & Greed Index)

Oil Prices Brent Crude surged past $100–$120/barrel

US Dollar (DXY) Stronger (above 100), typically a headwind for BTC