Pentagon weighs limited Iran raids as Bitcoin holds steady amid war tensions
The Pentagon is preparing possible ground operations against Iran as the conflict stretches into its fifth week. Reports suggest limited raids rather than a full-scale invasion, with targets including Kharg Island and other coastal sites near the Strait of Hormuz. Meanwhile, mediators in Pakistan are pushing for talks to end the monthlong war. US officials are considering how far to escalate military pressure. Secretary of State Marco Rubio stated that the conflict should last weeks, not months and that American objectives could be achieved without deploying ground troops. The proposed operations would involve Special Operations forces alongside conventional infantry.
Bitcoin's price remained steady over the weekend, holding near $66,500 on Sunday. Earlier in the week, it had dipped below $66,300 on April 2 after US signals of potential military escalation in the Middle East. By early April, however, it rebounded to $74,416 following geopolitical de-escalation and strong inflows into US spot ETFs.
Despite recent swings, Bitcoin ended March 2026 up 2%—breaking a five-month streak of losses. Yet it still sits 45% below its October 2025 peak of over $126,000. Daily movements included a 0.3% drop to $67,964 and a later 3.7% gain. The Pentagon's plans focus on targeted strikes rather than a prolonged campaign. Mediators continue talks in Pakistan, aiming to resolve the conflict before further escalation. Bitcoin, while volatile, has shown resilience amid shifting geopolitical tensions and market conditions.
