BlocktoBlockto

Trending

Crypto Market Weekly Recap: Bitcoin, Ethereum, ETFs, Gold and Oil Movements and Iran Conflict
BITCOIN NEWS

Photo: Illustrative

Crypto Market Weekly Recap: Bitcoin, Ethereum, ETFs, Gold and Oil Movements and Iran Conflict

The crypto market experienced strong volatility this week, driven by geopolitical tensions and shifting institutional flows. BTC began the week near $63,000 before rebounding sharply and briefly touching around $74,000 during mid week trading. By the end of the week, BTC pulled back toward the $67,000–$70,000 range after profit taking and renewed macro uncertainty.

Laurisa
By Laurisa

Junior Author · March 8, 2026

2 min
Key takeaways
The crypto market experienced strong volatility this week, driven by geopolitical tensions and shifting institutional flows.
BTC began the week near $63,000 before rebounding sharply and briefly touching around $74,000 during mid week trading.
By the end of the week, BTC pulled back toward the $67,000–$70,000 range after profit taking and renewed macro uncertainty.

The crypto market experienced strong volatility this week, driven by geopolitical tensions and shifting institutional flows. BTC began the week near $63,000 before rebounding sharply and briefly touching around $74,000 during mid week trading. By the end of the week, BTC pulled back toward the $67,000–$70,000 range after profit taking and renewed macro uncertainty.

$BTC 4hour chart

Ethereum also saw similar volatility, trading near $2,000 and reaching around $2,085 before slipping slightly as the broader market cooled.

$ETH 4hour chart

Altcoins followed the broader market trend. XRP traded around $1.35–$1.42 during the week, while Solana hovered near the $85–$90 range as interest in alternative tokens remained relatively subdued.

Bitcoin ETF and Ethereum ETF Weekly Flows

Institutional demand continued to influence price action. U.S. spot Bitcoin ETF products recorded roughly $787 million in net inflows during the week, reversing a previous outflow trend.

Meanwhile, Ethereum ETF products manage around $13 billion in assets, although recent sessions showed mixed inflows and occasional outflows as investors reacted to macro uncertainty.

Gold and Oil Market Impact on Crypto

Traditional markets also experienced sharp movements during the week. Gold hit $5400 startof the week due to iran and israel conflict and now traded near $5,169 per ounce at one point as investors reacted to rising geopolitical risk.

XAUUSD 4hour chart

Energy markets saw the biggest surge. Brent Crude Oil jumped to around $92.69 while WTI Crude Oil surged to about $90.90, marking one of the largest weekly increases in decades amid Middle East tensions.

USOIL

Israel–Iran Conflict Drives Market Uncertainty

The escalation between Israel and Iran added further pressure to global markets. New strikes reportedly targeted fuel and energy facilities in Tehran, with damage to storage sites causing blackened rainwater in parts of the capital.

Across the Persian Gulf, countries including Bahrain and Kuwait reported aerial attacks and interceptions. Three people were injured in Bahrain, while Kuwait confirmed damage to a government building and fuel depot.

Meanwhile, Donald Trump dismissed threats from Iranian officials as tensions continued, while Wang Yi called for restraint, warning that the conflict could expand further across the region.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

How markets are positioning

Live market reaction

🛢️WTI Crude
+3.4%
Gold
+1.8%
Bitcoin
-1.8%
$DXY
+0.6%

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

Exclusive partner offer

Start trading
with BloFin today

Up to $500 sign-up bonus and zero-fee trading on your first 30 days.

Buy crypto now

You will be redirected to BloFin

Share article

About the author

Laurisa
Laurisa

Emerging voice in crypto journalism with a background in fintech and digital economics. Covers DeFi, NFTs, and the evolving regulatory landscape.

Crypto Market Weekly Recap: Bitcoin, Ethereum, ETFs, Gold and Oil Movements and Iran Conflict — Blockto — Blockto