Goldman Sachs reported that foreign institutions, including China and Japan, sold US Treasuries in March 2026 as the dollar strengthened over 2% amidst a US-Iran conflict. This indicates a flight to dollar safety by some, while others shed US debt. For crypto, a stronger dollar typically creates headwinds, as it reduces the appeal of alternative assets like Bitcoin. The key data point is the 2% dollar appreciation and subsequent Treasury selling. Investors should watch for continued dollar strength or weakness, and its correlation with global risk sentiment, as it directly impacts crypto valuations.
This story highlights how geopolitical events and dollar strength influence global capital flows, directly impacting risk assets. A strong dollar often indicates a flight to safety, diverting liquidity away from crypto. This dynamic suggests continued macro headwinds for Bitcoin's price action.
Goldman Sachs says foreign institutions including China and Japan sold Treasuries as the dollar rose over 2% during the US-Iran conflict in March 2026. The post Goldman Sachs links stronger dollar to reduced Treasury demand amid US-Iran conflict appeared first on Crypto Briefing.