Crypto traders on tenterhooks as oil prices signal risks
BusinessLine·2026-03-02 04:05

With 24/7 crypto markets having already digested US-Iran tensions over the weekend, digital-asset traders are on the defensive as they assess potential contagion risks from crude oil prices when US markets open on Monday.Bitcoin and other cryptocurrencies already took a hit on Saturday after the US announced it had begun a bombing campaign against Iran. A cautious rebound followed news that Ayatollah Ali Khamenei had been killed, but prices remained little changed from Friday’s levels. The original cryptocu ...