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Bitcoin Dips as U.S. Dollar Spikes to 6-Week High

Price ActionMarket SentimentIndustry News
March 3, 2026
1 min read
Bitcoin Dips as U.S. Dollar Spikes to 6-Week High

Crypto markets retraced some of Monday’s gains amid the ongoing conflict in the Middle East, with oil surging above $75 a barrel as the U.S. and Israel bombarded Iran for a fourth day.

Bitcoin (BTC) is trading at around $68,500, down 1% over the past 24 hours. Meanwhile, ETH and SOL are down 2% at about $2,000 and $86, respectively, and BNB is down 1% on the day.

BTC Chart

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RELATED TOPICS

crypto market retracementmiddle east conflictoil price surgebtc declineeth price dropsol price downturngeopolitical tensionscryptocurrency volatilitymarket movementenergy and crypto correlation

Market Overview

BitcoinBitcoin
68,301.6-0.768%
EthereumEthereum
1,985.26-2.076%
Binance CoinBinance Coin
633.21-0.718%
CardanoCardano
0.2626-5.233%
RippleRipple
1.3617-2.043%

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