According to Cointelegraph, bitcoin has declined nearly 5% this week as Middle East tensions prompted traders to reduce risk asset positions, moving in sync with the S&P 500, Dow Jones, Nasdaq, and gold. In contrast, crude oil has performed strongly, rising 53% since the U.S.-Iran war broke out on February 28, 2026. Data from Kobeissi Letter shows that S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ) experienced cumulative outflows of $64 billion over the past three months, marking a historic high. Bitcoin spot ETFs also recorded net outflows of $253 million over the past two days. Analyst Finish noted that markets will maintain a "risk-averse" stance until the geopolitical situation stabilizes, with bitcoin potentially finding support around $55,000.

BTC1.15%

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