Bitcoin has continued to decline today (28), trading close to $66,200, while markets reacted to increased doubts about the reduction of tensions between the U.S. and Iran. The ten-day pause in energy offensives determined by President Donald Trump did not bring confidence to investors, especially after reports that Israel maintained attacks during this period.
The reaction is observed in different markets.
Israel has hit 2 of Iran's largest steel factories, a power plant and civilian nuclear sites among other infrastructure. Israel claims it acted in coordination with the U.S.
Attack contradicts POTUS extended deadline for diplomacy.
Iran will exact HEAVY price for Israeli crimes
— Seyed Abbas Araghchi (@araghchi) March 27, 2026
The S&P 500 has fallen throughout the week, hitting the lowest level in six months.
This widespread sell-off reveals a shift towards a risk-averse sentiment, as investors pull back from stocks amid rising geopolitical and macroeconomic uncertainty.
The crypto sector follows the same pattern.
The performance of Bitcoin reflects ongoing weakness, as intraday bounces do not hold. This indicates a deeper problem.
Markets do not see Trump's pause as a step towards peace, but rather as a postponement of a possible escalation. New reports of attacks reinforce this perception.
At the same time, rising Treasury yields make financial conditions more restrictive. Higher rates reduce liquidity and increase the cost of capital, putting pressure on risk assets like stocks and crypto.
With this, Bitcoin behaves more like a technology stock than as a safe haven.
In other cycles, geopolitical tensions have sometimes favored Bitcoin. This time, however, what weighs are inflation risks, high oil prices, and lower expectations for interest rate cuts.
For now, the message is clear.
Without convincing signs of de-escalation and stabilization of yields, the crypto market is likely to remain pressured, with the outlook for decline prevailing in the short term.
The article 'Israel violates Trump's truce on Iran, Bitcoin and stocks feel the impact' was first seen on BeInCrypto Brazil.