Bitcoin's price has retreated to approximately $67,000, down from $71,000 last week, amid escalating tensions between the U.S. and Iran. The cryptocurrency briefly hit $72,000 on hopes of a diplomatic resolution in the Middle East, but those hopes have since diminished, leading to a reversal in gains. Analysts suggest that ongoing conflict in the Strait of Hormuz is exacerbating inflation fears, complicating potential interest rate cuts by the Federal Reserve and pressuring crypto prices. Jeff Mei of BTSE and Andri Fauzan Adziima of Bitrue indicate that elevated oil and gas prices could further impact economic growth, potentially pushing Bitcoin toward the $60,000 support level. Meanwhile, U.S. spot Bitcoin ETFs have seen over $1.13 billion in inflows this month, signaling institutional interest despite retail investor panic. Rachael Lucas from BTC Markets notes that institutional accumulation often proves more accurate than retail sentiment, suggesting a potential divergence in market outlooks.