A new report about the possibility of the United States launching a ground operation in Iran has added further tension to global markets.

Bitcoin's price held steady near $66,500 on Sunday, but traders are watching to see if broader risk assets will react more sharply when U.S. markets reopen.

The Washington Post reported that the Pentagon is preparing options for ground operations in Iran that could last for weeks. These plans include special operations forces and regular infantry, though it remains unclear whether President Donald Trump would approve the move.

Diplomacy Remains Part of the Overall Message

Despite these reports, public statements by senior officials still point to a diplomatic approach. On March 26, Secretary of State Marco Rubio stated that the war should last “weeks, not months,” and that the United States could achieve its objectives without ground troops, even while contingency plans remained in place.

Meanwhile, regional diplomatic efforts continued. The Associated Press reported that mediators met in Pakistan for talks aimed at ending the month-long war, even as fighting continued and both sides maintained pressure on key energy and security routes.

 

Bitcoin's price stabilized as traders awaited the market's reaction

Bitcoin showed a muted response over the weekend. It traded around $66,561 on Sunday, within a narrow range throughout the day, after previous war-related volatility pushed the asset below $69,000 last week.

This price action aligns with a recent pattern. Earlier this month, cryptocurrency markets experienced a sell-off as news related to conflicts intensified, while other reports this week indicated Bitcoin's value declined as risk appetite waned.