{"id":65206,"date":"2026-03-10T12:48:17","date_gmt":"2026-03-10T09:48:17","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=65206"},"modified":"2026-03-10T12:48:17","modified_gmt":"2026-03-10T09:48:17","slug":"trumps-remarks-moved-the-market-bitcoin-above-70k","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trumps-remarks-moved-the-market-bitcoin-above-70k\/","title":{"rendered":"Trump\u2019s Remarks Moved the Market: Bitcoin Above $70K!"},"content":{"rendered":"<p>Global markets became volatile again after U.S. President Donald Trump made conflicting statements regarding the war with Iran. Rising tensions in the Middle East caused sharp fluctuations in oil prices, while uncertainty across financial markets increased noticeably. Rapid price movements in the energy sector directly influenced investors\u2019 risk perception. Meanwhile, the cryptocurrency market showed a notable recovery. Bitcoin climbed back above the $70,000 level, drawing investors\u2019 attention amid geopolitical uncertainty. According to analysts, ongoing global developments and uncertainty surrounding the course of the war could keep volatility high in both traditional markets and crypto assets.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/trumps-remarks-moved-the-market-bitcoin-above-70k\/#Trumps_Statements_Increased_Uncertainty\" title=\"Trump\u2019s Statements Increased Uncertainty\">Trump\u2019s Statements Increased Uncertainty<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/trumps-remarks-moved-the-market-bitcoin-above-70k\/#Sharp_Fluctuations_in_the_Oil_Market\" title=\"Sharp Fluctuations in the Oil Market\">Sharp Fluctuations in the Oil Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/trumps-remarks-moved-the-market-bitcoin-above-70k\/#Bitcoin_Moves_Above_70000_Again\" title=\"Bitcoin Moves Above $70,000 Again\">Bitcoin Moves Above $70,000 Again<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/trumps-remarks-moved-the-market-bitcoin-above-70k\/#Analysts_Oil_Rally_Revives_Bitcoins_Hedge_Narrative\" title=\"Analysts: Oil Rally Revives Bitcoin\u2019s Hedge Narrative\">Analysts: Oil Rally Revives Bitcoin\u2019s Hedge Narrative<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/coinengineer.net\/blog\/trumps-remarks-moved-the-market-bitcoin-above-70k\/#Geopolitical_Uncertainty_Continues_to_Influence_Crypto\" title=\"Geopolitical Uncertainty Continues to Influence Crypto\">Geopolitical Uncertainty Continues to Influence Crypto<\/a><\/li><\/ul><\/nav><\/div>\n<h3 data-section-id=\"14bgwf8\" data-start=\"795\" data-end=\"839\"><span class=\"ez-toc-section\" id=\"Trumps_Statements_Increased_Uncertainty\"><\/span>Trump\u2019s Statements Increased Uncertainty<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"841\" data-end=\"1124\">Statements made by U.S. President Donald Trump created confusion in the markets. In an evening address, Trump suggested that the war with Iran could end soon, creating an optimistic expectation among investors. However, shortly afterward, he delivered a much harsher message, saying:<\/p>\n<blockquote>\n<p data-start=\"1128\" data-end=\"1181\">\u201cWe will not stop until Iran is completely defeated.\u201d<\/p>\n<\/blockquote>\n<p data-start=\"1183\" data-end=\"1279\">Trump also made striking remarks about the possibility of Iran closing the Strait of Hormuz:<\/p>\n<blockquote>\n<p data-start=\"1283\" data-end=\"1354\">\u201cIf they close the Strait of Hormuz, we will hit them 20 times harder.\u201d<\/p>\n<\/blockquote>\n<p data-start=\"1356\" data-end=\"1588\">These comments further increased uncertainty in already sensitive global markets. Analysts note that during periods of rising geopolitical risk, investors tend to follow markets more cautiously and react quickly to new developments.<\/p>\n<h3 data-section-id=\"1fbr5j1\" data-start=\"1595\" data-end=\"1635\"><span class=\"ez-toc-section\" id=\"Sharp_Fluctuations_in_the_Oil_Market\"><\/span>Sharp Fluctuations in the Oil Market<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1637\" data-end=\"1927\">Tensions in the Middle East had the strongest impact on the oil market. At the start of the week, Brent crude oil rose to $119 per barrel. However, prices later dropped sharply, first falling below $100 and then dipping under $90 before recovering again above the $90 level. These rapid price swings once again demonstrated the strong influence of geopolitical developments on energy markets. In particular, risks related to the Middle East and critical energy transit routes such as the Strait of Hormuz can trigger sudden volatility in oil prices. Interestingly, despite the high level of uncertainty, gold and silver prices remained relatively stable, which caught the attention of market observers. This suggests that investors are currently evaluating different asset classes cautiously.<\/p>\n<p data-start=\"1637\" data-end=\"1927\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-65208 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/oil-3-300x162.jpg\" alt=\"\" width=\"1063\" height=\"574\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/oil-3-300x162.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/oil-3-1024x552.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/oil-3-768x414.jpg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/oil-3.jpg 1280w\" sizes=\"auto, (max-width: 1063px) 100vw, 1063px\" \/><\/p>\n<h3 data-section-id=\"agjf00\" data-start=\"2462\" data-end=\"2499\"><span class=\"ez-toc-section\" id=\"Bitcoin_Moves_Above_70000_Again\"><\/span>Bitcoin Moves Above $70,000 Again<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2501\" data-end=\"2679\">The cryptocurrency market showed a different dynamic. On the first day of the conflict, Bitcoin fell to around $63,000, but began to recover as oil prices surged sharply. Despite ongoing uncertainty, BTC quickly turned upward. Following Trump\u2019s remarks suggesting the war could end, Bitcoin moved above $70,000 during late-night trading. In New York trading, BTC rose as much as 3.4%, reaching $69,523. This rally once again highlighted the impact of geopolitical developments on crypto markets. Major altcoins such as Ethereum and Solana also followed Bitcoin\u2019s upward movement. According to analysts, the price reactions seen in crypto assets during periods of global uncertainty show that investor interest in alternative assets remains strong.<\/p>\n<p data-start=\"2501\" data-end=\"2679\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-65207 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/btc-4-300x161.jpg\" alt=\"\" width=\"1111\" height=\"596\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/btc-4-300x161.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/btc-4-1024x550.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/btc-4-768x412.jpg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2026\/03\/btc-4.jpg 1280w\" sizes=\"auto, (max-width: 1111px) 100vw, 1111px\" \/><\/p>\n<h3 data-section-id=\"ecfdym\" data-start=\"3290\" data-end=\"3347\"><span class=\"ez-toc-section\" id=\"Analysts_Oil_Rally_Revives_Bitcoins_Hedge_Narrative\"><\/span>Analysts: Oil Rally Revives Bitcoin\u2019s Hedge Narrative<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3349\" data-end=\"3480\">Jake Ostrovskis, head of OTC trading at Wintermute, said the rise in oil prices encouraged investors to reconsider Bitcoin.<\/p>\n<blockquote>\n<p data-start=\"3484\" data-end=\"3615\">\u201cThe rally in oil prices and the inflation concerns it creates have brought back the idea of Bitcoin as a hedge against inflation.\u201d<\/p>\n<\/blockquote>\n<p data-start=\"3617\" data-end=\"3793\">Meanwhile, FxPro Chief Market Analyst Alex Kuptsikevich noted that volatility in the crypto market remained somewhat more limited compared to traditional financial markets.<\/p>\n<h3 data-section-id=\"14avgj1\" data-start=\"3800\" data-end=\"3858\"><span class=\"ez-toc-section\" id=\"Geopolitical_Uncertainty_Continues_to_Influence_Crypto\"><\/span>Geopolitical Uncertainty Continues to Influence Crypto<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"3860\" data-end=\"4138\">While tensions in the Middle East triggered sharp movements in the oil market, a different dynamic emerged in the cryptocurrency space. Bitcoin\u2019s return above the $70,000 level suggests that some investors are turning to alternative assets in response to geopolitical risks. Analysts emphasize that during periods of global uncertainty, crypto assets can sometimes provide investors with an alternative area of opportunity. However, the course of the war, movements in energy markets, and broader global economic developments will remain key factors shaping the direction of the crypto market in the coming days.<\/p>\n<p data-start=\"4974\" data-end=\"5203\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global markets became volatile again after U.S. President Donald Trump made conflicting statements regarding the war with Iran. Rising tensions in the Middle East caused sharp fluctuations in oil prices, while uncertainty across financial markets increased noticeably. Rapid price movements in the energy sector directly influenced investors\u2019 risk perception. Meanwhile, the cryptocurrency market showed a<\/p>\n","protected":false},"author":37,"featured_media":43267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[61,1766,60,393,840,847,336,58,5760,1730],"class_list":["post-65206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-bitcoin","tag-bitcoin-btc","tag-btc","tag-crypto","tag-crypto-market","tag-crypto-news","tag-cryptocurrencies","tag-cryptocurrency","tag-digital-assets","tag-donald-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump\u2019s Remarks Moved the Market: Bitcoin Above $70K!<\/title>\n<meta name=\"description\" content=\"Global markets became volatile again after U.S. President Donald Trump made conflicting statements regarding the war with Iran.\" 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