{"id":23084,"date":"2026-03-03T14:37:23","date_gmt":"2026-03-03T14:37:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-price-may-crash-to-50k-as-us-dollar-surges-on-risks-of-a-prolonged-iran-war\/"},"modified":"2026-03-03T14:37:28","modified_gmt":"2026-03-03T14:37:28","slug":"bitcoin-price-may-crash-to-50k-as-us-dollar-surges-on-risks-of-a-prolonged-iran-war","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-price-may-crash-to-50k-as-us-dollar-surges-on-risks-of-a-prolonged-iran-war\/","title":{"rendered":"Bitcoin Price May Crash to $50k as US Dollar Surges on Risks of a Prolonged Iran War"},"content":{"rendered":"
\n

Bitcoin price retreated by over 2.50% on Tuesday, erasing some of the gains made on Monday. It dropped to $67,000, and could be at risk of falling to $50,000 as the US dollar and crude oil prices surge.<\/p>\n

\n
\n Summary<\/span>\n <\/div>\n
\n
    \n
  • Bitcoin price retreated by over 2.50% on Tuesday, erasing the gains made on Monday.<\/li>\n
  • The coin retreated as the US dollar and bond yields rose.<\/li>\n
  • Crude oil prices continued rising as the war in Ukraine continued.<\/li>\n<\/ul><\/div>\n<\/div>\n

    <\/p>\n

    US dollar and crude oil surge amid risks of a prolonged war<\/h2>\n

    Bitcoin (BTC) price has sunk into a technical bear market, a trend that may continue in the foreseeable future. The US Dollar Index jumped to $99.38, its highest level since January this year. It has soared by over 3.8% from its lowest level in January.<\/p>\n

    Crude oil prices have continued rising, with Brent jumping to $84 and the West Texas Intermediate hitting $76. Oil was trading at $55 earlier this year, and analysts believe that the uptrend will continue as the war in Iran accelerates.<\/p>\n

    Therefore, the implication is that the Federal Reserve will find it difficult to cut interest rates as inflation continues rising. A report released last week showed that the Producer Price Index held steady in February, a trend that may continue this year.\u00a0<\/p>\n

    <\/p>\n

    The bond market is sending signals that the Fed may hold rates steady. For example, the 10-year yield rose by 1.33% to 4.105%, while the 30-year jumped to 4.70%. This mirrors the performance in key prediction markets, with most traders expecting it to cut rates two times this year.<\/p>\n

    Bitcoin price often retreats when the US dollar index is in a strong uptrend and when the Fed is embracing a more hawkish tone.<\/p>\n

    Meanwhile, data compiled by CoinGlass shows that the futures open interest dropped to over $43 billion, down sharply from last year\u2019s high of over $95 billion.<\/p>\n

    Bitcoin price prediction: technical analysis<\/h2>\n
    BTC price chart | Source: crypto.news\u00a0<\/figcaption><\/figure>\n

    The daily chart reveals that the BTC price has sold off since October last year. It has stayed below the 50-day moving average and the Supertrend indicators. That is a sign that bears remain in control.<\/p>\n

    The coin has also formed a bearish pennant pattern, which normally leads to more downside, potentially to the year-to-date low of $60,000. A drop below that level will signal more downside to the psychological level at $50,000.<\/p>\n

    On the positive side, the reversal may happen soon if there are signs of a ceasefire happening in the Middle East.<\/p>\n

    <\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

    Bitcoin price retreated by over 2.50% on Tuesday, erasing some of the gains made on Monday. It dropped to $67,000, and could be at risk of falling to $50,000 as…<\/p>\n","protected":false},"author":1,"featured_media":15459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23084"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23084\/revisions"}],"predecessor-version":[{"id":23085,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23084\/revisions\/23085"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15459"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}