DeFi Intel

BTC slips below $63K as Middle East tensions offset ETF inflows

Key takeaways Bitcoin fell to $63,000 after renewed geopolitical tensions in the Middle East weakened investor risk appetite. The U.S. military’s latest strikes on Iran and heightened tensions around the Strait of Hormuz boosted demand for safe-haven assets while pressuring cryptocurrencies. Spot Bitcoin ETFs recorded $197.4 million in weekly inflows, ending an eight-week streak of…

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