Bitcoin Hovers Around $75,200 as ETF Inflows Offset Geopolitical Risk
Bitcoin traded in a narrow range near $75,200 on Monday, holding up despite renewed U.S.-Iran tensions and growing unease around the Strait of Hormuz that rattled oil, equities, and crypto markets, according to The Block. Analysts pointed to strong institutional support after U.S. spot Bitcoin ETFs logged $996.4 million in net inflows last week, the largest weekly haul since mid-January. Market conditions remain a "fragile equilibrium," with stablecoin balances still climbing, suggesting liquidity is largely recycling within the crypto ecosystem rather than leaving it.