Donald Trump's proposal for a two-week ceasefire tied to safely reopening the Strait of Hormuz pushed crypto and gold higher while oil and the dollar slipped.
Bitcoin slipped back below a key support after failing to sustain a breakout, rotating into the next pocket of remembered support. A firmer dollar and rising oil prices are increasing downside pressure.
The Financial Stability Board warned on March 24, 2026 that US dollar-pegged stablecoins could leave emerging economies more exposed to external macro shocks and financial-stability risks. The statement highlights concerns about monetary sovereignty, capital flow volatility and liability dollarization.
Bitcoin fell more than 3.5% to under $67,000 on Tuesday as rising tensions in the Middle East triggered an oil shock and sent investors toward the U.S. dollar. The move reflected a broader risk-off shift that hit crypto alongside equities.
The dollar surged after U.S. strikes on Iran, reaffirming its role as a crisis-era safe haven as markets turned risk-averse. Emerging-market currencies, including MNT, faced pressure amid a broader flight to safety.
A US-led Board of Peace affiliated with former President Donald Trump has begun talks on a dollar-pegged stablecoin to help restart Gaza’s shattered economy. The plan aims to restore payments and cash flow after banking services and physical cash movements were disrupted.
The IMF finds stablecoins are increasingly integrating with the U.S. dollar financial plumbing rather than displacing traditional banks, tying crypto payments into existing dollar-based networks. This shift raises fresh regulatory and systemic considerations for policymakers and banks.
On Jan. 27 HSBC told clients to adopt an aggressive risk-on posture — overweight equities, high-yield, emerging-market debt and gold, underweight government bonds, investment-grade credit and oil — and flagged a weak dollar as a catalyst that could lift Bitcoin (BTC).
ECB chief economist Philip Lane warned political pressure on the Fed could raise U.S. term premiums and unsettle the dollar’s global role; investors are increasingly eyeing Bitcoin as a non-sovereign alternative.
The IMF cautioned on Dec 10, 2025 that USD-pegged stablecoins can drive currency substitution and speed capital outflows in emerging markets, posing risks to monetary stability. The fund urged closer monitoring and policy responses.