Rising geopolitical tensions and macroeconomic uncertainty have led to renewed demand for U.S. dollar assets, pushing the U.S. Dollar Index (DXY) toward the key 100 level, currently trading around 99.5.Market expectations for Federal Reserve rate cuts have been pushed further out, as elevated energy prices and resilient wage growth continue to raise concerns about persistent inflation pressures.In contrast, Bitcoin has shown signs of weakness. After briefly rallying above $74,000, the cryptocurrency quickly retraced and is now trading near $67,000.A major source of selling pressure has come from publicly listed mining companies, which have collectively sold more than 15,000 BTC since October, adding supply to the market.Investors are closely monitoring the $63,700 support level. A breakdown below this threshold could open the door to further downside targets around $57,000 or even $48,700.Current market dynamics suggest a clear divergence:gold and the U.S. dollar are attracting safe-haven flows, while crypto assets remain more sensitive to risk sentiment.