DAO
March 13, 2026
Bitcoin climbs to near $72,000 after Treasury Secretary Bessent attempts to calm oil fears
GG AI Summary
Bitcoin surged to nearly $72,000 following Treasury Secretary Bessent's announcement of temporary authorization for countries to buy Russian oil in transit, aiming to ease market fears. This move has provided positive sentiment to the crypto market by reducing geopolitical uncertainty around energy supplies.
Sentiment:
85%
Bullish
Bessent said the U.S. Treasury Department will provide temporary authorization to allow countries to purchase Russian oil currently in transit.
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