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This Week’s Summary

The crypto market ends the week at a total market capitalization of $2.31 trillion.
Bitcoin maintains its trading value at around $67,000.
Ethereum rose nearly 2% to trade around $2,000.
XRP is down 1%, Solana is up 2%, and Dogecoin is down 2%.
Almost all altcoins are trading in the green, though there are some exceptions.
The DeFi sector saw total value locked (TVL) decline to about $94 billion.

Crypto Market 23 February – 1 March 2026: Market Analysis and Performance

The crypto market responded somewhat positively to the escalation of international tensions. Saturday marked a vicious conflict in the Middle East after the US-Israel alliance attacked Iran, sending most financial markets into a downward spiral and affecting oil markets worldwide. Yet, while most cryptocurrencies traded into the red, the overall crypto market capitalization remained at $2.31 trillion.

Bitcoin traded into the red for most of the week, dropping as low as $62,900. However, the recent news and global events pushed it back up to around $67,000. However, the recovery may be short-lived as the bears continue to exert their influence on the market.

Ethereum lost the $2K level last week. For most of the past seven days, ETH seemed to drop even further before recovering over the weekend. Currently, the second crypto in command is trading at a little above $2,000 and hopes to cement its position there.

Altcoins & DeFi

Most altcoins are trading in the green, though with some notable exceptions: XRP and Sui are down 1%, TRON is down 3%, and Zcash is down 11%. Solana, Cardano, Avalanche, and Chainlink are all up 2-3%.

Memecoins mostly declined: Dogecoin down 2%, Shiba Inu down 9%, and Pepecoin down 14%.

The Metaverse sector has also seen notable movements in the past week. For instance, Axie Infinity is up 1%, The Sandbox is up 3%, and Floki is down 4%. Meanwhile, Decentraland is up 2%, Render is down 2%, and ApeCoin is down 5%. MultiversX decreased by 1% while Virtuals increased by 13%. Meanwhile, Stacks increased by 5%.

The DeFi sector lost over $1.5 billion from the total value locked in protocols (TVL), bringing the total to about $94.24 billion.

Crypto Market Analysis – What’s in the News?

The Ethereum Foundation published a 2026 roadmap post, saying it would prioritize post-quantum security and further increases to the gas limit.

Next Week’s Crypto Market Forecast

The crypto market is adapting to the new armed conflict between the US and Iran. So far, compared to other financial sectors, crypto has maintained relative stability. However, with geopolitical uncertainty remaining high, market sentiment could easily shift as the wider conflict evolves.

The post WMA: U.S. Strikes on Iran Send the Crypto Market on a Rollercoaster Ride appeared first on Crypto Adventure.

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Filed under: Bitcoin - @ March 1, 2026 4:18 pm