Bitcoin maintained its position at $62,000 despite geopolitical tensions, including US airstrikes on Iran and the closure of the Strait of Hormuz. This stability suggests a reduction in market selling pressure. Last week, Bitcoin and Ethereum-related products saw a net inflow of approximately $282 million, marking the first inflow after eight weeks of outflows. However, institutions caution that this may be an early signal rather than a confirmed trend reversal.
Bitcoin Steady at $62,000 Amid Geopolitical Tensions; ETFs See Inflows
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