Bitcoin has reached a new monthly high, surpassing $73,000, despite the escalating conflict between the US and Iran, which has triggered growth across the entire cryptocurrency market.
This is reported by Finway
Bitcoin and Altcoins Show Growth
On March 4, 2026, the price of Bitcoin broke the $73,390 mark for the first time in the last month. Over the course of a day, its value increased by more than 6%, marking the highest figure in the past 30 days. This rise occurred against a backdrop of heightened geopolitical tension and military confrontation in the Middle East.
As of now, Bitcoin is trading near $73,100, according to data from TradingView.
Positive dynamics are also observed among other cryptocurrencies. The total market capitalization has risen by 5.5% and exceeded $2.5 trillion, reports CoinMarketCap.
- Ethereum increased by 7.2% — to $2135;
- BNB added 3.2% — to $657;
- XRP rose by 5.3% — to $1.45;
- Solana grew by 6%, reaching $92.
Relative Market Stability Amid Geopolitical Tensions
Before the active phase of the conflict between the US, Israel, and Iran began, Bitcoin was in a state of significant overselling after a prolonged decline, as noted by analysts at K33.
“However, amidst the turbulence in traditional markets, cryptocurrency has demonstrated relative resilience. This may have once again attracted the attention of investors, some experts believe.”
QCP Capital emphasizes that Bitcoin shows a more stable dynamic compared to other risky assets and may serve as an early signal for improving market sentiment.
Experts also point out that military conflicts can negatively impact the financial stability of nations and exert pressure on fiat currencies. In such instability, the demand for assets with limited supply, like Bitcoin, may significantly increase.
Despite the challenging macroeconomic situation, the cryptocurrency market is showing trends of recovery and growing interest from investors.