The war won't end in the short term, so funds will have to withdraw from Europe and flow back into the dollar. The dollar index's previous high was on March 3rd, when BTC touched a high of 74,000.
Now, oil tankers in the Strait of Hormuz are at risk of "complete shutdown" at any time, with crude oil and the dollar both returning to the 100 level. Crypto is waiting for a strong wave.
Additionally, this week the three major U.S. stock indices fell about 1.6%, but BTC and ETH ETFs have seen consecutive 5-day net inflows. The crypto funding situation is performing quite well. Look for opportunities to go long!
March 15th Crypto Market
The war won't end in the short term, so funds will have to withdraw from Europe and flow back into the dollar. The dollar index's previous high was on March 3rd, when BTC touched a high of 74,000.
Now, oil tankers in the Strait of Hormuz are at risk of "complete shutdown" at any time, with crude oil and the dollar both returning to the 100 level. Crypto is waiting for a strong wave.
Additionally, this week the three major U.S. stock indices fell about 1.6%, but BTC and ETH ETFs have seen consecutive 5-day net inflows. The crypto funding situation is performing quite well. Look for opportunities to go long!