Bitcoin moved little on Tuesday and was headed for a muted performance in March as continued risk aversion over the Iran war kept traders largely cautious towards speculative assets.
The world’s largest crypto rose 0.2% to $67,401.9 by 02:44 ET (06:44 GMT), and was trading mostly flat for March.
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Iran war rages on, report says Trump considering de-escalation The U.S.-Israel war on Iran showed little sign of de-escalation on Tuesday, as strikes between Iran and its surrounding Gulf countries continued.
But U.S. President Donald Trump may be considering an end to U.S. military involvement in Iran while leaving the Strait of Hormuz blocked, a Wall Street Journal report said. Trump’s consideration comes as the Iran war threatens to stretch beyond his initial four-to-six-week time frame.
While such a move could point to some de-escalation in the conflict, the continued blockage of Hormuz is expected to keep energy supply disruptions largely in play. This could in turn spur energy-fueled inflation and keep global monetary policy restrictive– a trend that bodes poorly for speculative assets such as crypto.
Bitcoin heads for muted March, altcoins mixed Bitcoin was set for a muted performance in March. While the world’s largest crypto did rise as high as $75,000 in the month, it swiftly settled back into a trading range seen through most of the year.
Bitcoin did fare better than gold in March, especially as the yellow metal logged one of its worst monthly declines ever. But gold still traded 5.7% higher for the year, while Bitcoin was down nearly 23% so far in 2026.
Altcoins were a mixed bag in March. World no.2 crypto Ether was set to add nearly 5% this month, although this came after six months of persistent losses in the crypto.
XRP was down 3.9% this month, while Solana was set to lose 1.3%. Cardano was the worst performer among major cryptos and was headed for a 12.6% loss.
Among memecoins, $TRUMP was down 12.4% this month, while Dogecoin was down 2.8%.
