The Bitcoin price broke the barrier again $71,000. On Wednesday afternoon, Polish time, it grew by less than 1 percent, to $70,903, which meant that, converted into our currency, you had to pay approximately PLN 261,915 for the most popular cryptocurrency in the world. At one point, the price of Bitcoin rose even more during the session on Wednesday and the price reached over 72,000. hole.
With this increase, the market reacted to reports from the New York Times, according to which the administration of President Donald Trump provided Iran (via Pakistan) with a secret 15-point plan to end the war. The document will cover, among others: nuclear issues and unblocking the Strait of Hormuz, which investors interpreted as an opportunity for de-escalation. this translated into increased optimism on global markets, which was visible in falling oil prices and the weakening dollar, as well as rising share prices and gold.
Despite these positive reports, analysts warn that the situation is fragile – the White House still emphasizes that military operations are ongoing, and Iran has been critical of the American proposal. He rejected the ceasefire offer and criticized talks with the US as “illogical.” When information about the rejection of the alleged American proposal appeared, the growth rate of Bitcoin prices slowed down significantly on Wednesday.
“Until there are credible reports about possible peace talks, confirmed by Iran, the nervousness in the markets will continue. At the same time, on Wednesday we do not expect any significant changes in quotations either on the currency market or on the interest rate market, because investors will probably remain in a waiting mode for further developments related to the conflict in the Persian Gulf,” PKO BP economists note.
Bitcoin is holding up well during the attack on Iran, but…
After the outbreak of war in the Middle East (the US and Israel's attack on Iran began on February 28), the Bitcoin price performed quite well, considering that gold – considered a safe haven and intended to protect capital in such extraordinary situations as war – resulted in significant losses.
The current Bitcoin price is even higher than at the close of the last session before the US attack. Back then, it fluctuated around $65,670, which means that since then it has grown by almost 8%. At one point in mid-March, Bitcoin was being paid for as much as $74,900.
See also: The Warsaw Stock Exchange is rising after US reports. Investors are waiting for more
However, it must be remembered that the world's most important cryptocurrency has been in trouble for months. Although the first weeks of 2026 saw a rebound in the Bitcoin price, which had crashed in the fall of 2025, it depreciated again at the turn of January and February. The declines were so significant that at the beginning of February the exchange rate dropped to USD 59,916, i.e. the lowest level since October 2024. This meant that the exchange rate had fallen by as much as 53% since the all-time record ($126,300.6 recorded on October 6, 2025).
The current capitalization of Bitcoin is USD 1.41 trillion, i.e. approximately PLN 5.2 trillion, which is more than the annual Gross Domestic Product (GDP) of Poland, which in 2025 approached PLN 3.9 trillion. During the record valuations in October, the capitalization of this cryptocurrency reached as much as USD 2.5 trillion, which means that in a few months it decreased by USD 1.09 trillion.
