Bitcoin remains above $74,000 as Asian markets recover losses caused by the Iran-Israel conflict.
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Bitcoin price remains above $74,000, with global risk appetite rebounding. Major Asian stock indices and the S&P 500 have recovered losses caused by the US-Iran conflict in late February. Last week, US spot Bitcoin ETF recorded a single-day inflow of $471 million, with total inflows exceeding $56 billion, which is seen as providing support for long-term holders and stabilizing prices. Optimism over US-Iran negotiations is keeping oil prices below $100 per barrel, while expectations for a Federal Reserve rate cut this year are rising, providing liquidity and backing for risk assets including cryptocurrencies.
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