$BTC *Bitcoin ETFs See 5-Day Inflow Streak Amid Geopolitical Tensions*
Despite recent geopolitical turmoil, Bitcoin exchange-traded funds (ETFs) have recorded five consecutive days of inflows, totaling over $1.3 billion in capital. This influx of funds comes as Bitcoin's price proves resilient, dropping only 3% in response to the Israel-Iran conflict.
*Key Points:*
- *Bitcoin Price*: BTC holds steady around $105,000, less than 6% away from its all-time high of $112,000.
- *Geopolitical Tensions*: Analysts warn that risk-on assets, including Bitcoin, could see a significant short-term price drop if the conflict escalates.
- *US Dollar Index*: Coin Bureau founder Nic Puckrin notes that the US dollar index (DXY) has broken below 100, which could impact Bitcoin's long-term price trajectory.
*Market Outlook:*
- *Adoption*: Bitcoin adoption continues to grow, driven by macroeconomic uncertainty, high government debt, and geopolitical tensions.
- *Price Forecast*: Some analysts forecast a Bitcoin price rally that could catapult BTC to new all-time highs in the coming weeks and months [1].