In this video: #Bitcoin has been in a bear market for several months. Let's talk about the bear market state of mind. Video by Benjamin Cowen.
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Bitcoin is trading at $66,849.18 as of March 3, 2026, experiencing a 2.84% decline over the last 24 hours. This volatility follows a brief attempt to break the $70,000 psychological resistance level earlier today, which was met with a decisive rejection.
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Bitcoin Insights Today
-Geopolitical Conflict: An escalation in the US-Iran conflict over the weekend has dampened risk appetite across global markets. While BTC briefly rallied on safe-haven narratives, it subsequently tumbled along with other risk assets as European markets opened to a sharp selloff.
-Institutional Activity: Despite the price dip, institutional interest remains present. US-listed spot Bitcoin ETFs recorded inflows exceeding $450 million on Monday, and MicroStrategy reportedly added another 3,015 BTC to its reserves.
-Governance Dispute: A significant philosophical clash has emerged over BIP-110, a proposal to restrict non-financial data (like inscriptions) on the blockchain. Mining pool Ocean has signaled support, raising concerns about a potential contentious fork or chain split.
-Major Integration: SoftBank-backed PayPay is pursuing a $1.1B U.S. IPO, which includes a strategy to integrate crypto payments via a 40% stake in Binance Japan.
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