Morningstar

Crypto Companies Shares Slide As Mideast Conflict Widens

Provided by Dow Jones Mar 3, 2026, 1:30:00 PM

By Nicholas G. Miller

Shares of cryptocurrency companies slid as the conflict in the Middle East widened, hurting investors' appetite for risk.

Strategy slid 3.7% in premarket trading. Robinhood fell 4.7%. Circle Internet Group dropped 4.3%. Coinbase was down 3.8%.

President Trump said U.S. attacks on Iran are expected to last four or five weeks but could go longer, raising fears of an extended Middle East conflict.

Bitcoin recently traded down nearly 4% at $66,488 after reaching a two-week high above $70,000 on Monday.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

March 03, 2026 08:30 ET (13:30 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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