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📰 News13 March 2026·2 min read·

Bitcoin Climbs Near $72,000 as Treasury Secretary Bessent Calms Oil Fears

Source: coindesk

Bitcoin rose to nearly $72,000 on 13 March 2026 following comments from US Treasury Secretary Scott Bessent aimed at easing concerns over oil market disruptions. Bessent announced that the US Treasury would provide temporary authorisation allowing countries to purchase Russian oil currently in transit. The reassurance appeared to boost broader risk appetite, lifting crypto markets alongside equities.

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