Source: CoinDesk
“Bitcoin pushed back above $70,000 Tuesday morning East Asia time, completing a rapid recovery from a weekend selloff that briefly dragged the largest digital asset down to around $65,000. The move higher came as oil prices fell back below $100 and U.S. equity markets rallied. Markets turned risk off early Monday as disruptions in the Strait of Hormuz sent major oil benchmarks, WTI and brent, above $100 for the first time in years. Bitcoin dipped alongside risk assets during the initial shock but quickly stabilized in the mid $60,000 range — given Wall Street’s insulation from the energy crisis — before climbing again as markets digested the geopolitical headlines.” (03/10/26)
https://www.coindesk.com/markets/2026/03/10/bitcoin-jumps-past-usd70-000-as-war-volatility-fades