newsBitcoin reached a one-month high of $71,800, driven by safe-haven demand amid escalating Middle East tensions. The rally was accompanied by renewed strength in altcoins as investors sought refuge in cryptocurrency assets.
Bitcoin approached $72,000 as spot Bitcoin ETF inflows continued for a second consecutive session. This price movement occurred despite ongoing geopolitical tensions from the US-Israel conflict with Iran in the Middle East.
Bitcoin's price surged during Wednesday's Asia trading session, approaching a one-month high as bulls drive BTC toward the $72,000 level. The rally saw Bitcoin challenging key technical resistance including a long-term trend line and psychological price barriers.
