Bitcoin holds near $75K amid ETF demand

Bitcoin is maintaining a delicate balance around the $75,000 mark, buoyed by significant institutional interest. Spot Bitcoin ETFs have seen nearly $1 billion in inflows, indicating sustained demand that is helping to absorb potential sell-offs. This institutional support, coupled with increasing stablecoin liquidity, is providing a cushion for the cryptocurrency market. Analysts suggest that despite geopolitical tensions, such as those in the Strait of Hormuz, the underlying demand from ETFs is currently preventing substantial price declines, creating a fragile but stable equilibrium.