$BTC Bitcoin ($BTC) is experiencing a volatile week, largely influenced by geopolitical tensions between Israel and Iran, which sparked a broad crypto market sell-off. BTC dipped from recent highs, now hovering around $105,000, with analysts eyeing $100,000 as crucial support.

Despite the short-term price pressure, institutional interest remains robust. US spot Bitcoin ETFs have seen nearly $1 billion in net inflows this week, primarily driven by BlackRock's IBIT. This contrasts with Ethereum ETFs, which experienced outflows.

News of companies like Trump Media considering Bitcoin for their treasuries, and advancements in Cardano's BTC DeFi, highlight growing utility and adoption. While some analysts warn of potential further consolidation, strong ETF demand suggests long-term bullish conviction in Bitcoin's resilience.