This past week (late February 2026) has been critical for the crypto market, marked by a widespread decline driven mainly by large-scale geopolitical tensions.

Summary of what happened with the most important assets:

1. The geopolitical impact and the "Risk-Off"

The decisive event occurred this Saturday, February 28, when the announcement of military operations by the U.S. and Israel against Iran caused an immediate collapse. Approximately $128 billion dollars were wiped off the total market value in a matter of hours.

2. Bitcoin ($BTC): Loss of key supports

Price: After trying to consolidate near $67,000 mid-week, Bitcoin fell below $64,000, reaching lows of $63,038 following news of the attacks.

Context: The asset is acting as a "pressure valve" in response to macroeconomic events, accumulating a decline of nearly 50% from its all-time high of 2025 (when it surpassed $126,000).

3. Ethereum ($ETH): Increased volatility

Price: Ether took a harder hit than Bitcoin, falling nearly 5% in 24 hours to trade around $1,867.

Trend: Although there was a brief surge above $2,000 mid-week, global uncertainty canceled any bullish momentum, leaving the asset at critical support levels.

4. Altcoins and Other Assets

$XRP and #Solana: Followed the downward trend with declines of up to 9% in the case of $XRP, which erased its previous gains after breaking important technical supports.

Towards safe assets: While cryptocurrencies were falling, traders sought refuge in oil and gold futures on 24/7 platforms like Hyperliquid, where crude rose more than 6% amid the risk of conflict in the Middle East.

In summary, the week closes with a sentiment of extreme caution and a flight of capital towards traditional assets due to fears of a global military escalation.