Bitcoin opened at $66,888.48 on Friday, down 1.7% from Thursday's $68,077.90, trading around $66,873 by 7:00 AM ET. Ethereum opened at $2,056.78, falling 3.8% from Thursday's $2,138.72, recovering slightly to $2,060.05. Both cryptocurrencies lost significant ground after President Trump's prime-time address on Wednesday regarding the Iran War. The ongoing geopolitical conflict and its economic repercussions have negatively affected demand for riskier assets including bitcoin, ethereum, and S&P 500 stocks. Both cryptos have shown continued weakness after hitting record highs in 2025, with this week's downturn fueling pessimism about the long-term outlook, particularly for bitcoin. Markets are heading into a potential liquidity gap over the Good Friday weekend as CME futures and ETF flows pause, leaving crypto more vulnerable to sudden moves.
Bitcoin and Ethereum Price Drop as Iran War Escalates, Mixed Weekend Outlook
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Yahoo Finance
Friday, April 3, 2026·5 min read·Markets
#bitcoin#ethereum#geopolitical#iran-war#price-decline
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