Published Sun, Mar 1, 2026 · 11:52 AM

[MUMBAI] Bitcoin and other cryptocurrencies rebounded sharply in early Asia trading on Sunday (Mar 1) after Iran confirmed that the country’s supreme leader had been killed during a military campaign by the US and Israel.

The original cryptocurrency rose as much as 2.21 per cent to US$68,196 following the news. It was trading at around US$67,700 at 11 am in Singapore, after dropping as much as 3.8 per cent the previous day. Ether, the second-largest token, gained as much as 4.58 per cent to trade back above US$2,000.

Crypto markets, which trade 24/7, were rattled in the hours after the bombing began. Iran launched…