Bitcoin Touches $74,000 as Hormuz De-Escalation and Weak Dollar Fuel Best Week Since War Began

Bitcoin Touches $74,000 as Hormuz De-Escalation and Weak Dollar Fuel Best Week Since War Began

Crypto posted its strongest weekly gains since the Iran war began as shipping resumed through the Strait of Hormuz and the dollar weakened.

Bitcoin Tests $74,000 as Multiple Trendlines Converge Near a Critical Decision Point Bitcoin News ETHNews

Bitcoin pushed toward $74,000 on March 16 before pulling back slightly, and the macro structure sitting behind that move is what analysts are paying closer attention to. BTC is trading at $73,510 at the time of writing on Binance, holding most of the week’s gains while sitting at an intersection that could determine the next significant directional move. A Week That Changed the Tone The 4-hour chart on Binance covers March 10 through March 16 an…

Bitcoin Brushes Off Conflict as Funds Attract Flows

Bitcoin (BTC) rose above $74,000 during the Asian trading session on 16 Mar, suggesting a potential shift in investor behaviour after weeks of limited price movement. While the asset has tested this threshold previously, it marks a highwater level not seen since 4 Feb and coincides with the violent turmoil in the Middle East. During the same trading session, Ether (ETH) surpassed the $2,200 mark, continuing a seven-day upward trend for the secon…