Analysis: Bitcoin remains at $71,000 amid a strengthening dollar, rising oil prices, and increasing U.S. Treasury yields

SmartContractAuditor

2026-03-13 10:03:18

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Odaily Planet Daily reports that despite macro pressures from a strengthening US dollar, rising oil prices, and climbing US Treasury yields, Bitcoin remains resilient, maintaining a price above $71,000. Data shows that the US Dollar Index (DXY), which measures the strength of the dollar, has risen back above 100. The yield on the 10-year US Treasury has increased to over 4.2%, while Brent and WTI crude oil prices are approaching $100 per barrel. Concerns about inflation and rising interest rates have intensified, but since the escalation of Middle East conflicts on March 1, Bitcoin has continued to be one of the best-performing macro assets. Regarding crypto-related stocks, publicly traded holding company Strategy (MSTR) rose about 1% in pre-market trading, having raised approximately 11,000 BTC this week through issuing perpetual preferred securities; cryptocurrency exchange Coinbase (COIN) increased about 2%, while some AI-transformed Bitcoin mining companies IREN and Cipher Digital saw slight declines. (CoinDesk)

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