Bitcoin has outperformed major equity indices for the second consecutive week, despite an oil price spike due to Iran tensions. While the S&P 500 and European stocks remained flat or declined, Bitcoin continued its upward trajectory, signaling resilience in the face of macroeconomic challenges. This performance comes as core inflation showed its first downside print in five months, ahead of the Federal Open Market Committee meeting. The 10-year Treasury yield is nearing recent highs, maintaining pressure on risk assets, while the dollar remains stable. Bitcoin's price is approaching the Short-Term Holder Cost Basis at $69,000, a critical resistance level. Exchange inflows have decreased, and ETF flows have turned positive, indicating a potential shift in market dynamics. Altcoins are losing ground to Bitcoin, as capital concentrates in the leading cryptocurrency, suggesting a risk-off sentiment in the market.