$BTC
Price & Market Dynamics
Current Price: Approximately $105,000–$106,000 USD .
24‑Hour Change: Slight pullback of around –0.5% from yesterday .
Recent Range: Between ~$103K and $108K in early June, settling near $105K today .
---
🌍 Influencing Factors
Geopolitical Tensions: Heightened conflict in the Middle East (Israel–Iran) triggered risk-off sentiment, pushing BTC briefly below $103K before modest recovery .
Institutional Outflows: Despite inflows into some Bitcoin ETFs like BlackRock’s iShares BTC Trust (~$81 M), net outflows have occurred from broader funds ($132 M since June 6) .
Macro & Sentiment Drivers: Bitcoin is increasingly seen as a hedge with shifting correlation to traditional stocks and bonds; April saw a 15% rally amid U.S. market uncertainty .
