Crypto and Other Markets Show Dent Following the Middle East War

• The crypto market is down by 2.05% in market cap.
• India’s manufacturing data for March 2026 is likely to be affected.
• Airline stocks and other markets are down, while Gold has jumped.

The crypto market is showing the impact of the ongoing Middle East war. Other markets are following, except Gold, which has made gains per recent reports. BTC has a new forecast with a higher chance that it dips in 2026. Meanwhile, there is considerable attention on oil prices as the Strait of Hormuz feels the pressure.

Crypto Market Amid Middle East War

The crypto market is down by 2.05% in terms of market cap, which stands at $2.27 trillion. The FGI has shifted to 15 points after briefly hovering below 10 points. All top tokens have shed their respective values – like BTC, ETH, BNB, XRP, and SOL. In fact, XRP and SOL have lost the most value among them by losing 3.46% and 4.07%, respectively.

BTC, the flagship crypto, exchanged hands at $65,574.88 before retracing back to $65,931.28, a value that is down by 1.79% in 24 hours. Loss for Ether, which was below 3%, has now risen to 3.22% for the same timeline. More clarity on the global crypto market could be drawn from the latest ETF data, when published.

Other Markets

The manufacturing for India rose to 57.5 for February 2026. This is up from 55.4 in January 2026. However, experts are expressing concerns about the data for March 2026. They have highlighted a 90% dependence on imported crude. A higher price could impact India’s inflation and overall growth.

Brent has surged by 6.4% to $77.57 a barrel. While it previously topped to $82, reports suggest that it could reclaim the $80 mark to threaten global economic growth. US gasoline prices have caught everyone’s attention following a deep pressure on the Strait of Hormuz.

Airlines’ stock are down with a major impact visible on S&P 500 and Nasdaq. Both are down by around 0.80%. DAX futures and EUROSTOXX 50 futures were last reported down by 1.4% and 1.3%.

Gold Climbing as Safe Haven

Gold is seen climbing despite widespread doubts about investment appetite worldwide. The precious metal reached $5,376.44 an ounce, up by 1.88%. Known as a traditional safe-haven asset, Gold seems to be coming up as an alternative for investors wanting to avoid volatility. Even Silver was last seen up by 1.3% at $95 per ounce.

As for BTC, Kalshi Traders estimate that the cryptocurrency could go as low as $60,000 this year. They have assigned 85% chance for the crypto’s decline.

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