$BTC

The price of Bitcoin currently hovers around $108,599.99 with a positive variation of +3.91% in the last hours.

Bitcoin is showing signs of recovery during this week, starting off by rising and maintaining above $107,000 after a slight correction last week.

Despite the signs of a mild recovery in price action, market sentiment remains cautious as the Israel-Iran conflict enters its fourth day after new attacks over the weekend.

Despite the geopolitical headwinds, institutional interest in Bitcoin remains strong, as Metaplanet added 1,100 BTC to its holdings, while spot Bitcoin exchange-traded funds (ETFs) recorded total inflows of $1.37 billion last week.

Image taken from the web