Deep潮TechFlow News: On March 5th, according to CoinDesk, Bitcoin is currently approaching the $74,000 key resistance level. Since the outbreak of Middle East conflicts, the total increase has exceeded 10%. Notably, this round of rally has occurred against the backdrop of declining global stock market risk appetite and a strengthening US dollar. The US Dollar Index (DXY) has risen over 1% this week and reached 99.68 on Wednesday, the highest since November last year. Historically, Bitcoin has usually been negatively correlated with the US dollar, but since Trump’s victory in the 2024 election and his pro-cryptocurrency policies, the two have often moved in sync.

BTC-2.35%
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