Bitcoin Steadies as Middle East Conflict Keeps Markets on Edge — Market Talk
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Bitcoin's push above $74,000 overnight isn't noise, it's the market exhaling after months of pressure, says BTC Markets' Rachael Lucas. "The market has wrung out the weak hands," she says. That's why, when Middle East tensions roiled markets this week, Bitcoin held. Resilience at $65,000 signaled a shift, and institutional money noticed. Nearly $700 million in spot Bitcoin ETF inflows landed in just 48 hours, signaling a rotation back in. Other catalysts emerged: Trump's push for a crypto bill has markets pricing a real chance of passage, and Kraken became the first crypto firm to access the Fed's core payments system. Traditional finance still gets it wrong, Lucas says. "Geopolitical instability isn't a headwind for Bitcoin, it's fuel. Every escalation that strains government finances is another argument for a hard, borderless asset." (fabiana.negrinochoa@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260304013083:0/
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