Crypto Led Global Markets After US–Iran Strike, Says Bitwise CIO

According to Matt Hougan of Bitwise Asset Management, the U.S. strike on Iran highlighted the growing importance of cryptocurrency and on-chain markets. With traditional financial systems largely closed, these platforms took a primary role in global price discovery. President Donald Trump announced the strikes early Saturday, February 28, 2026, when U.S., European, and Asian markets were offline. This left blockchain…