Iranian Bitcoin Outflows Spike as Bombs Fall

Mar 3, 2026

• Bitcoin and other cryptocurrencies saw a 700% spike in outflows from Iran’s largest exchange, Nobitex, in the immediate aftermath of US-Israeli airstrikes.
• The US Senate is advancing a major housing bill with a rider that temporarily bans the Federal Reserve from issuing a CBDC until 2030, signaling a political win for anti-digital-dollar advocates.
• Markets briefly panicked but quickly priced in the geopolitical shock, with traders adding exposure, suggesting Bitcoin's role as a hedge against localized counterparty risk is crystallizing.