Analysis: The passage of the CLARITY Act is expected to drive BTC's strength against the trend, fueled by the logic of currency depreciation and regression
According to CoinDesk, amidst the impact of the Middle East conflict on global stock markets and commodities, Bitcoin has risen against the trend, reaching a one-month high and helping to revitalize the overall cryptocurrency market. After falling nearly 50% from its historical high in October last year, Bitcoin had once been in the oversold territory.
Following the outbreak of this round of key conflicts, traditional assets have significantly declined, while BTC's relatively strong performance has reinforced its temporary "safe-haven narrative." Market analysis suggests that this round of increase is mainly driven by three factors:
- The return of the "fiat currency depreciation" logic, as the intensifying Middle East conflict exacerbates global fiscal pressures, which may lead to expectations of more easing and deficit expansion, strengthening the "fiat currency depreciation" narrative, prompting some funds to be reallocated to digital assets.
- There may be expectations for a de-escalation in the Middle East situation. Although there has been no response from the U.S., this news has strengthened market expectations that "the conflict may not spiral out of control for a long time," supporting the recovery of risk asset sentiment.
- The CLARITY Act is close to being passed, aiming to clarify the legal status of stablecoins, which is beneficial for the cryptocurrency market.
You may also like

The business of crypto VC is becoming promising

China's AI Compute Power Counterstrike

Global Assets Plunge: Hormuz, Chips, and a South Korean Holiday

Bloomberg has reported twice, Hyperliquid once again in Wall Street's radar

Trump Backs Crypto Bill, SEC Halts Leveraged ETF, What Is the English-Speaking Crypto Community Talking About?

OpenClaw Floods Into Polymarket, Some Making Tens of Thousands Per Month

Understanding Trump's "Warfare Playbook": Ten Signals Investors Must Know

Iranian Missile Heading Toward UAE, Claude Also Within Range

Successive Core Team "Heroes" Depart, Has Aave's DAO Dream Crumbled?

Is This the Year of the Robot? A Deep Dive into Robotics Projects

When AI Takes Over Money: Bitcoin Becomes the "First Choice," Fiat Is Left Out
AI Trading in Live Markets: 4 Lessons From a WEEX Hackathon Top 10 Finalist
AI trading meets real markets. Explore 4 lessons from a WEEX Hackathon Top 10 finalist on surviving volatility, trusting AI models, and building smarter crypto trading systems.

MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space

Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions

Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report

During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance

OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month
