Bitcoin maintained stability near $75,200 on Monday, despite geopolitical tensions between the U.S. and Iran affecting global markets. The cryptocurrency's resilience is attributed to strong institutional demand, with U.S. spot Bitcoin ETFs seeing net inflows of $996.4 million last week, marking the highest weekly inflow since mid-January.
However, the market remains in a delicate balance as stablecoin reserves continue to grow, suggesting that liquidity is largely circulating within the crypto ecosystem rather than exiting. This internal circulation highlights the market's reliance on existing capital amid external uncertainties.
Bitcoin Steadies at $75,200 Amid ETF Inflows and Geopolitical Tensions
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
