US Rallied Bitcoin and Iran Crashed It In a Dramatic 24 Hours for Crypto

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Bitcoin surged as US spot ETF inflows and renewed institutional demand lifted sentiment, then reversed sharply after escalating Iran-related tensions triggered a broader risk-off move. The episode highlighted how quickly geopolitical headlines can overwhelm crypto-specific bullish drivers and amplify volatility. Bitcoin’s near-term direction remains sensitive to both macro risk sentiment and continued ETF demand.

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