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Bitcoin Rallies Amid Geopolitical Tensions & ETF Inflows

March 3, 2026, 06:02 PM141 words10 sources
Bitcoin
Bitcoin Rallies Amid Geopolitical Tensions & ETF Inflows

Photo: Pexels / Melvin Silva

Bitcoin experienced a volatile week, initially boosted by strong inflows into U.S. spot Bitcoin ETFs, totaling $458 million on March 2nd and $787.3 million for the week, reversing a four-week outflow streak. BlackRock’s IBIT led inflows, signaling renewed institutional confidence. This positive momentum coincided with escalating tensions in the Middle East following attacks between the U.S., Israel, and Iran, briefly pushing Bitcoin above $68,500 before a subsequent dip and recovery to around $69,655. Strategy continued its aggressive accumulation strategy, purchasing 3,015 BTC for $204.1 million, bringing its total holdings to 720,737 BTC, worth $54.77 billion. Despite geopolitical uncertainty and concerns surrounding the CLARITY Act, which is criticized for potentially stifling innovation, Bitcoin demonstrated resilience. Analysts note a shift in Bitcoin’s behavior, increasingly resembling a store of value like gold. Outflows from Iranian crypto exchanges spiked following the strikes, indicating capital flight.

Source Articles

This article is based on analysis of 10 source articles from our news database.

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    CoinGape··coingape.com·
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    Cointelegraph··cointelegraph.com·
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    Bitcoin.com··news.bitcoin.com·
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    Crypto news··crypto.news·