Crypto market turmoil intensifies after US-Iran talks fail, Bitcoin, Ethereum prices fall

Bitcoin Price Today: The cryptocurrency market has again fallen due to the failure of peace talks between the US and Iran. The prices of many cryptocurrencies, including Bitcoin, are seeing declines.

Crypto market turmoil intensifies after US-Iran talks fail, Bitcoin, Ethereum prices fall

Following the failure of peace talks between the US and Iran in Pakistan, the cryptocurrency market has begun to decline. Bitcoin's price had reached above $72,000 yesterday, but today's news of a lack of agreement on peace talks triggered another decline in the crypto market. The crypto market cap fell 1.39% to $2.43 trillion. Let's find out how much other cryptocurrencies have cost today.

The impact of the US-Iran peace talks failure on Bitcoin

It was hoped that the successful peace talks between the US and Iran would improve market conditions. However, on Sunday morning, US President J.D. Vance announced that Iran had not accepted his conditions, after which he departed from Islamabad. Iran, meanwhile, maintains that the US imposed conditions that Iran cannot accept.

The market is being affected by the failure of peace talks. A renewed rise in geopolitical tensions could lead investors to shy away from riskier assets. Bitcoin prices fell 1.86% today to $71,590.65.

Ethereum and Dogecoin Price

Ethereum prices fell 1.18% to $2,213.03 over the past 24 hours. Disappointing news from the US and Iran regarding a de-escalation of geopolitical tensions has led to a decline in the broader market. Ethereum is also falling in tandem with Bitcoin. Dogecoin prices also fell 2.77% to $0.09118. This decline is due to pressure in derivatives due to a large number of short positions being opened.

Will the crypto market be affected again due to increasing tension?

Following the failure of a meeting in Pakistan regarding peace talks in the Middle East, tensions appear to be rising again. This tension began on February 28, 2026, and the crypto market is also experiencing significant pressure. If this tension continues for a long time, it could lead to a further rise in crude oil prices and investors may distance themselves from risky assets like cryptocurrencies.