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Bitcoin, Ethereum dip on Middle East tensions, but altcoins rally
short by / on Monday, 2 March, 2026
Bitcoin and Ethereum declined on Monday as the US-Iran conflict boosted gold and dampened risk sentiment. Despite the broad market downturn, select altcoins rallied. Morpho led gains after a token purchase agreement with Apollo, while Near Protocol rose nearly 5% on news of its new website launch. The crypto market slide coincided with QatarEnergy halting LNG production.
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