LATEST: Bitcoin hits 1-week high
Bitcoin climbed to $71,500, up 2.6%, marking its highest level since March 6 as Middle East tensions weigh on global equities. $BTC
What the move highlights:
• 📈 Bitcoin reaching a 1-week high at $71.5K $PEPE
• 🌍 Geopolitical tensions pressuring traditional stock markets
• 💰 Continued crypto demand supporting price resilience $TRUMP
• 📊 Inflows linked to Strategy’s Bitcoin-linked yield product offering ~11.5% exposure
The rally suggests strong underlying demand for Bitcoin, with institutional flows and macro uncertainty helping support prices even as risk assets face pressure.