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The cryptocurrency market rebounded on Tuesday, driven by a renewed appetite for risk across financial markets. Bitcoin rose by roughly 4% since the start of the day, once again surpassing the $71,000 mark, while ether managed to climb back above the psychological $2,000 threshold—a level it had recently struggled to maintain. This advance occurred as part of a broader upswing affecting several asset classes.
This rebound can partly be explained by the weakening of the U.S. dollar after comments from Donald Trump suggesting that the conflict in Iran could end sooner than expected. In response, the Dollar Index (DXY) fell toward 98.5 after approaching 100 the previous day. The retreat of the greenback supported several assets sensitive to macroeconomic conditions, including cryptocurrencies, equity markets, and precious metals, while oil prices gave back part of their recent gains.
The inverse relationship often observed between Bitcoin and the dollar remains a key element of this dynamic. If the DXY continues to decline in the coming days, some observers believe the cryptocurrency market could receive additional support. The geopolitical backdrop tied to the Iranian conflict has also highlighted a degree of resilience in Bitcoin, which has held up better than several other assets since tensions began.
According to several indicators analyzed by the firm Glassnode, overall market conditions appear to be gradually improving. Some internal metrics—such as holder profitability and price momentum—show modest improvement. Analysts nevertheless describe the situation as a cautious recovery rather than a true bullish reversal, emphasizing that the market’s momentum remains fragile.
Derivatives markets also point to a gradual return of risk appetite. Open interest in futures contracts has increased, suggesting that some investors are beginning to use leverage again. More aggressive buying activity has also been observed in perpetual futures markets. At the same time, U.S. spot Bitcoin ETFs have seen renewed capital inflows, with cumulative inflows reaching about $934 million, an increase from the previous week.
Despite these encouraging signals, the recovery remains delicate. Spot market trading volumes are still relatively low and activity on the Bitcoin network remains subdued, indicating that overall investor participation has not yet fully returned. In other words, although some tensions appear to be easing and several indicators are improving, market confidence has not yet been completely restored.
Cryptocurrency exchange Binance has rejected allegations that it facilitated more than $1.7 billion in transactions linked to Iran in violation of U.S. sanctions. In a letter addressed to Senator Richard Blumenthal, the company stated that the claims prompting the investigation are inaccurate and unsupported by credible evidence. The senator launched the probe following a media report alleging that thousands of accounts connected to Iranian entities had been active on the platform.
According to those reports, roughly 2,000 Iran-linked accounts and certain transactions aimed at bypassing sanctions may have passed through Binance, including through two partners based in Hong Kong. The company acknowledges having reviewed these cases but says it acted quickly after receiving requests from authorities. Internal investigations were reportedly conducted to identify the accounts involved and assess any potential exposure on the platform.
Binance says it ultimately closed the accounts associated with the entities mentioned. One of them was removed from the platform in the summer of 2025, while another was deactivated in early 2026 following internal reviews. The company maintains that these actions demonstrate the proper functioning of its compliance mechanisms and its willingness to cooperate with authorities when credible risks are identified.
The exchange also notes that it has significantly strengthened its regulatory controls in recent years, stating that it has invested hundreds of millions of dollars in compliance systems and employs more than 1,500 staff dedicated to this area. These new allegations arise in a sensitive context: in 2023, Binance had already pleaded guilty to violations related to U.S. anti-money laundering laws and sanctions, agreeing to pay a $4.3 billion fine. Its co-founder and former CEO, Changpeng Zhao, served a prison sentence before being pardoned by President Donald Trump in 2024.
The Bitcoin network has just crossed a major milestone in its history: more than 20 million bitcoins have now been mined. This means that over 95% of the protocol’s maximum supply—capped at 21 million coins—has already been issued. The milestone was reached roughly seventeen years after the creation of the first block in January 2009, highlighting the network’s steady growth since its inception.
Less than one million bitcoins now remain to be mined. However, these remaining coins will be issued much more slowly due to the “halving” mechanism, which periodically reduces the reward granted to miners. Today, the block subsidy stands at 3.125 BTC, a level established during the most recent halving in April 2024. At this pace, miners generate about 450 bitcoins per day—roughly half the rate prior to the latest reduction.
Bitcoin’s issuance schedule is entirely embedded in the protocol designed by its creator, known under the pseudonym Satoshi Nakamoto. The original block reward of 50 BTC is cut in half approximately every four years, gradually slowing the creation of new coins. With each halving event, the amount of new bitcoin entering the market declines, making the asset increasingly scarce.
As a result, the remaining bitcoins will be issued over more than a century. Analysts estimate that the final fractions—measured in satoshis, the smallest unit of the network—will be mined around the year 2140. This predictable and declining issuance is one of Bitcoin’s defining characteristics and is often highlighted as an alternative to traditional monetary systems in which supply can be adjusted by central authorities.
A recent study by the Bitcoin Policy Institute suggests that several artificial intelligence systems favor Bitcoin over traditional currencies and certain other digital assets. In simulations conducted for the report, 22 out of 36 AI models tested selected Bitcoin as their preferred monetary instrument. Notably, none of the models chose a fiat currency—such as the dollar or the euro—as their top option.
Researchers evaluated models developed by several AI companies, including Anthropic, OpenAI, Google, xAI, and DeepSeek. Each system was placed in different economic scenarios replicating the core functions of money, such as saving, payments, and settlement. The models were treated as autonomous economic agents and allowed to select the monetary instrument they considered most suitable.
The results showed that Bitcoin was often chosen in situations involving long-term value preservation. Stablecoins, on the other hand, were more frequently selected when the task involved facilitating payments or transaction settlement, as these assets are typically designed to maintain stable value. Preferences also varied across AI labs: Anthropic’s models showed the strongest inclination toward Bitcoin, while others were somewhat more divided between Bitcoin and stablecoins.
Strategy, a company well known for its aggressive Bitcoin accumulation strategy, recently invested an additional $1.28 billion in the cryptocurrency. This purchase represents its largest acquisition in over a month. Following the transaction, the company now holds close to 739,000 bitcoins, a reserve valued at more than $50 billion based on recent market prices.
After several months of decline, some analysts believe Bitcoin may be approaching a market bottom. According to research from the firm K33, several technical indicators are currently reaching levels comparable to those seen during the major crypto market turmoil of 2022. Despite a tense geopolitical environment, Bitcoin is showing signs of stabilization, suggesting that the most intense phase of selling pressure may have already passed.
Among the signals cited is the weekly relative strength index (RSI), which recently fell to a level rarely observed since the market collapse of 2022. This indicator, used to measure price momentum and identify oversold conditions, suggests that selling pressure may be nearing exhaustion. At the time, similar levels appeared shortly before the bankruptcy of the FTX exchange, which marked an important bottom for Bitcoin.
Trading volumes and activity in derivatives markets also offer clues about the market’s condition. In recent weeks, certain trading sessions have recorded exceptionally high volumes, comparable to those seen during moments of extreme panic in previous bear markets. Meanwhile, in futures and options markets, investors appear willing to pay significant premiums to hedge against further declines, reflecting an unusually defensive positioning.
According to analysts, this strongly defensive stance could paradoxically be an encouraging signal. Historically, when the majority of investors heavily position themselves in one direction—in this case toward further declines—the market often ends up moving the opposite way. While no indicator guarantees a reversal, these conditions resemble those that have preceded major Bitcoin bottoms in the past.
The presented information is as of March 10th, 2026, unless otherwise indicated and is provided for information purposes only. The information comes from sources that we believe are reliable, but not guaranteed. This statement does not provide financial, legal or tax advice. Rivemont Investments are not responsible for any errors or omissions in the information or for any loss or damage suffered.
