Bitcoin retreats from 3-week high amid geopolitical tensions. Institutional investors continue to accumulate and traders warn against selling in $60k-$64k range. BTC follows mid-month pattern with 5% pullback in 11 out of 12 instances.
Bitcoin retreated from a three-week high as escalating U.S.-Iran geopolitical tensions weighed on risk sentiment.Notable Statistics:
Coinglass data shows 65,125 traders were liquidated in the past 24 hours for $223.54 million.
SoSoValue data shows net inflows of $107.8 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $53.8 million.
In the past 24 hours, top gainers include Ondo, Lido DAO and Pyth Network.
Bitcoin fell below $76,000 on Tuesday as a lack of positive geopolitical developments contributed to risk-off sentiment.
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Bitcoin and major cryptocurrencies retreated as escalating U.S.-Iran tensions triggered a broader risk-off move across markets.…
Bitcoin is down as renewed U.S. strikes on Iran and heavy spot ETF outflows triggered broad risk-off selling across crypto…
