Main Morning News

Geopolitical Relief: The market responded positively to rumors of potential diplomatic talks between the U.S. and Iran. This helped Bitcoin recover some of yesterday's losses, which were driven by fears of a larger conflict weighing on risk assets.

ETF Pressure: Data from Bitwise reveals that spot Bitcoin ETFs in the U.S. absorbed nearly 19,000 BTC over the last five trading days. This volume is nine times higher than the amount of new Bitcoin mined during the same period, reinforcing the scarcity thesis.

Institutional Movement: The company Strive acquired an additional 137 BTC after hitting stock milestones, while in the UK, shareholders are pressuring Satsuma Technology to liquidate its $50 million Bitcoin reserves, reflecting a shift in sentiment within some corporate treasuries.

Stock Correlation: The crypto market continues to await signals from American stock exchanges, especially with the Dow Jones crossing the historic 50,000-point mark, bringing cautious optimism to the tech sector and digital assets.$BTC $ETH