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Bitcoin traded near $66,400 on February 19, holding steady after days of volatility. However, growing fears of a potential US military strike on Iran are adding fresh uncertainty to global markets, including crypto. According to confirmed reports from multiple American media, US military officials have told President Donald Trump that strike options against Iran are ready and could be executed as early as this weekend.  BREAKING: Axios reports that there is evidence that US war with Iran is “imminent” and Israel is preparing for a scenario of “war within days,” which is expected to include: 1. Weeks-long “full-fledged” war unlike the Venezuela operation, sources say 2. Joint US-Israeli… — The Kobeissi Letter (@KobeissiLetter) February 18, 2026 US-Iran on the Brink of War as Bitcoin Holds Fragile Support The Pentagon has already deployed additional aircraft and moved a second carrier strike group toward the Middle East. At the same time, Iran has conducted military exercises and warned it would retaliate if attacked. These developments follow stalled nuclear talks and rising tensions over Iran’s uranium enrichment and missile programs.  The White House said diplomacy remains the preferred path, but officials also acknowledged that military action is under active consideration. This escalation has increased risk across global markets. Satellite Images Show Iran Building Concrete Shields Over Military Sites, Potentially Preparing for US Strikes. Source: Reuters Bitcoin’s recent price action reflects this uncertainty. The asset has fallen sharply from its cycle highs above $100,000 and now trades in the mid-$60,000 range.  Short-term investors are selling at a loss, according to the Short-Term Holder SOPR indicator, which currently sits below 1. This means many recent buyers are exiting their positions under pressure. At the same time, Bitcoin’s short-term Sharpe ratio has dropped to extremely negative levels. This shows that recent returns have been poor relative…

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Filed under: News - @ February 19, 2026 5:21 pm