{"id":74488,"date":"2026-03-02T13:17:04","date_gmt":"2026-03-02T13:17:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=74488"},"modified":"2026-03-02T13:17:04","modified_gmt":"2026-03-02T13:17:04","slug":"iran-war-and-oil-price-surge-bitcoin-is-falling-but-is-crypto-safe","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=74488","title":{"rendered":"Iran War and Oil Price Surge: Bitcoin Is Falling, But Is Crypto Safe?"},"content":{"rendered":"<div>\n<p>The escalation of the Iran war, following U.S. and Israeli strikes, has effectively choked off the Strait of Hormuz, the world\u2019s most important oil pipe. And you can guess it: oil prices are already skyrocketing. The consequences of the Iran war will be far-reaching, affecting everything from petrol prices to crypto.<\/p>\n<p>When the oil price surges, logging its biggest jump in four years, it creates a domino effect. Higher oil prices mean it costs more to transport goods, heat homes, and run factories. This leads to inflation (rising prices for everything else). And here is the problem for crypto: when inflation heats up, the Federal Reserve (the U.S. bank that controls money supply) is less likely to cut interest rates.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">One of the largest refineries in the world, owned by Saudi Aramco, suspended operations after a drone strike and ensuing fire. \u2013 Bloomberg <a href=\"https:\/\/t.co\/ZrXDxN0S6X\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/ZrXDxN0S6X<\/a><\/p>\n<p>\u2014 MenchOsint (@MenchOsint) <a href=\"https:\/\/twitter.com\/MenchOsint\/status\/2028414666196578650?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">March 2, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/best-crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top Crypto Presales to Watch Now<\/a><\/strong><\/p>\n<h2>The Iran War Is Affecting Crypto: The Bitcoin\u2019s \u2018Risk-On\u2019 Problem<\/h2>\n<p>You might be asking, \u201cWait, isn\u2019t Bitcoin supposed to be digital gold? Shouldn\u2019t it go up during a crisis?\u201d<\/p>\n<p>It is a fair question. Traditionally, gold is a \u201csafe haven\u201d. Gold prices have indeed surged near $5,400 amid the chaos. However, Bitcoin is currently behaving like a \u201crisk-on\u201d asset, similar to tech stocks. When fear grips the market, investors dump anything they perceive as volatile. This is why we are seeing massive crypto liquidations lately, especially during weekends when the liquidity is thin.<\/p>\n<figure id=\"attachment_338458\" aria-describedby=\"caption-attachment-338458\" style=\"width: 2560px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-338458\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1609-scaled.jpeg\" alt=\"Liquidation Data\" width=\"2560\" height=\"868\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1609-scaled.jpeg 2560w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1609-300x102.jpeg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1609-1024x347.jpeg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1609-768x260.jpeg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1609-1536x521.jpeg 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1609-2048x695.jpeg 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1609-50x17.jpeg 50w\" sizes=\"(max-width: 2560px) 100vw, 2560px\"><figcaption id=\"caption-attachment-338458\" class=\"wp-caption-text\">Liquidation Data Source:\u00a0<a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/liquidations\" target=\"_blank\" rel=\"noopener nofollow\">Coinglass<\/a><\/figcaption><\/figure>\n<p>This massive flush of \u201clong\u201d positions forces the price down even further, creating a cascade of selling. Institutional investors, who have been driving much of the recent price action, are stepping back to assess the damage. <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/bitcoin-etf-five-weeks-outflows-institutional-demand\/\" target=\"_blank\" rel=\"noopener\">We have seen similar caution in recent weeks with ETF outflows<\/a>, suggesting that big players prefer to sit on their hands rather than catch a falling knife during geopolitical uncertainty.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/bitcoin-mining-software\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">5 High-Risk High-Reward Cryptos<\/a><\/strong><\/p>\n<h2>Bitcoin Price: The $60,000 As A Significant Support Level<\/h2>\n<figure id=\"attachment_338473\" aria-describedby=\"caption-attachment-338473\" style=\"width: 2560px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-338473\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1610-scaled.png\" alt=\"Bitcoin Price Action\" width=\"2560\" height=\"1760\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1610-scaled.png 2560w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1610-300x206.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1610-1024x704.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1610-768x528.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1610-1536x1056.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1610-2048x1408.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/03\/IMG_1610-50x34.png 50w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"><figcaption id=\"caption-attachment-338473\" class=\"wp-caption-text\">Bitcoin Price Action Source:\u00a0<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/x\/n14OI80m\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>The Iran war is spooking crypto markets. So, where does the bleeding stop? Right now, Bitcoin is hovering in the mid-$66,000s, but the charts suggest we are in a precarious spot. The immediate area to monitor is around $63,000. A break here would push BTC USD dangerously close to $60,000. Breaking that barrier could lead to further declines into the $50,000-$52,000 range.<\/p>\n<p><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/bitcoin-price-support-levels-middle-east-tensions\/\" target=\"_blank\" rel=\"noopener\">This $60,000 level is critical because it represents a psychological safety net for many investors<\/a>. A drop below this could trigger a deeper sell-off as panic sets in. However, it is worth noting that previous dips during geopolitical conflicts (like the Russia-Ukraine onset) were often bought up quickly once the initial shock wore off.<\/p>\n<p>The market hates uncertainty more than bad news; once the scope of the Iran war impact is clearer, stability often returns.<\/p>\n<p><strong>Follow 99Bitcoins on <a class=\"general-link\" href=\"https:\/\/twitter.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"noopener nofollow\">X<\/a> For the Latest Market Updates and Subscribe on <a class=\"general-link\" href=\"https:\/\/www.youtube.com\/channel\/UCF6S-679yX0F_WJ4F_2tVcA\" target=\"_blank\" rel=\"noopener nofollow\">YouTube<\/a> For Daily Expert Market Analysis.<\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2>Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li>Bitcoin dropped to the $66,000 range following escalations in the Iran War and a 13% spike in oil prices caused by Strait of Hormuz tensions.<\/li>\n<li>Unlike gold, Bitcoin is currently acting as a \u201crisk-on\u201d asset, suffering from over $350 million in liquidations as inflation fears rise.<\/li>\n<li>Investors should watch the $60,000 psychological support level and avoid high-leverage trading while volatility remains high.<\/li>\n<\/ul>\n<\/div>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/iran-war-oil-price-btc-usd-crash\/\">Iran War and Oil Price Surge: Bitcoin Is Falling, But Is Crypto Safe?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The escalation of the Iran war, following U.S. and Israeli strikes, has effectively choked off the Strait of Hormuz, the world\u2019s most important oil pipe. And you can guess it: oil prices are already skyrocketing. The consequences of the Iran war will be far-reaching, affecting everything from petrol prices to crypto. When the oil price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-74488","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74488"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74488\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}