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Bitcoin steadies above 66600 after weekend plunge driven by US Israel Iran tensions

Economy
Published on 24 April 2026
Bitcoin steadies above 66600 after weekend plunge driven by US Israel Iran tensions

It briefly tagged 63000 before rebounding fast

Bitcoin slipped to around $63,000 over the weekend as US–Israel tensions surrounding an attack on Iran spooked markets. It has since recovered to near $66,500, while major altcoins saw mixed moves. Analysts say the rebound signals resilience despite volatility, with investors now tracking US market reactions to gauge crypto’s next direction.

  • Bitcoin dropped to about $63,000 amid US Israel Iran tensions
  • Recovery lifted prices near $66,500 soon after the weekend selloff
  • Altcoins moved both down and up, reflecting uneven risk appetite
  • Traders are now watching US market cues for the next move
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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