Why's Bitcoin stumbling now, just when peace looked good? Hormuz saber-rattling killed the rally, but ETF cash might save the day—or not.
ETFs are feasting on Bitcoin. Miners are force-feeding it back out. Price? Stuck.
Picture this: Bitcoin flirts with $70,000, and Wall Street's ETF machines gulp down $471 million in a single day. It's the biggest inflow since late February – a thirst-quenching sign that crypto's dry spell might be over.
Spot Bitcoin ETFs raked in $471 million on April 6, the heftiest daily inflow since late February. That's anchoring prices amid whale selling—but is BTC now calling the shots on global policy?
Bitcoin poked its head above $70,000 yesterday, fueled by ETF frenzy. Yet with Brent crude over $110 and Trump saber-rattling at Iran, this rally smells like a trap.