(March 4): Crypto markets rebounded on Wednesday (March 4), recovering from a selloff triggered by the escalating conflict in the Middle East and shaking off pain in other asset classes. Bitcoin rallied as much as 5.6% to briefly surpass the US$71,812 (RM283,477.75) mark in morning trading in London, hitting its highest value in nearly a month. Futures for US stock indexes also fell across the board, while Europe’s Stoxx 600 rallied slightly. Despite Wednesday’s rebound, crypto markets remain on edge, with Bitcoin still about 40% below its October peak following a prolonged selloff. “Bitcoin is vulnerable due to the increased volatility of stock indexes, which is forcing institutional investors to reduce their leverage.”

Source: The Edge Markets March 04, 2026 10:14 UTC