The escalation of the Middle East situation supports the strengthening of the US dollar, with the US Dollar Index reaching a five-week high.

ChainCatcher reports that, according to Jintou, analysts at Monex Europe stated in a report that if the Middle East conflict escalates further, the US dollar could extend its gains. The conflict has triggered risk aversion, rising oil prices, and increased demand for liquidity. The dollar’s strength benefits from its safe-haven status and US energy independence. However, the dollar index has gained less than 1% compared to last Friday’s close. Analysts believe that the short-term trend of the dollar depends on whether the conflict remains under control, with risks leaning toward further appreciation.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Revolut Stablecoin Volume on Polygon Tops $1.2B

Revolut's stablecoin volume on Polygon exceeds $1.2 billion, reflecting rapid adoption of blockchain for everyday payments. With low fees and quick transactions, stablecoins are revolutionizing finance. Revolut's expansion plans may enhance its status as a major fintech player.

Coinfomania1h ago

Bitcoin ETF ends with seven straight red days, and renewed downward pressure hits the Bitcoin price

Recently, after experiencing a net inflow for seven consecutive trading days, the U.S. Bitcoin spot ETF saw a significant outflow, with a net outflow of $163.5 million on the 18th and another outflow of $51.9 million on the 19th, indicating a simultaneous weakening of market capital and prices. Bitcoin's price briefly fell below $70,000, highlighting that the fund flows of the ETF can no longer support its rebound, and the deteriorating macro environment is putting pressure on risk assets, causing a noticeable contraction in investor preference. The testing of the $70,000 threshold has become a barometer for short-term market sentiment.

区块客1h ago

Digital Assets ETP Landscape: Past, Present and Future

Digital asset ETPs saw a peak of over $250B, ending 2025 with $184B AUM, mainly driven by Bitcoin products. The market is evolving, with over 125 new filings indicating a trend toward diversified asset offerings.

CoinDesk1h ago

On the 28th day of the US-Iran war, JPMorgan stated that Bitcoin has passed the qualification exam for "digital gold."

JPMorgan's report points out that during the ongoing war in Iran, Bitcoin has shown demand similar to that of safe-haven assets, with stable capital flows, in contrast to the trend of gold, which is historically experiencing consecutive declines. This demonstrates Bitcoin's resilience in geopolitical crises, prompting a market reassessment. JPMorgan's analysts believe that Bitcoin has exhibited its potential as digital gold, but uncertainty remains for the future.

動區BlockTempo2h ago

Gold plummets, "safe haven for funds" changes hands? JPMorgan: During the war, "Bitcoin becomes the new darling of hedging."

JPMorgan pointed out that in the Middle East conflict, Bitcoin has shown strong resilience against declines, with significant inflows and active trading, while gold and silver are facing capital outflows. Under pressure from high interest rates and a strong dollar, gold prices have fallen by about 15%. With its borderless characteristics, Bitcoin has become a safe-haven choice, and institutional investors are also adjusting their positions, indicating a decrease in gold liquidity while Bitcoin liquidity is increasing.

区块客2h ago

Yesterday, the US spot BTC ETF had a net outflow of $225.5 million, and the ETH ETF had a net outflow of $48.5 million.

Gate News Report, March 28 - According to monitoring by Farside, yesterday (March 27), the U.S. spot Bitcoin ETF saw a net outflow of $225.5 million, marking two consecutive trading days of net outflows. Yesterday, the U.S. spot Ethereum ETF had a net outflow of $48.5 million, resulting in eight consecutive trading days of net outflows.

GateNews2h ago
Comment
0/400
No comments