Bitcoin Surges Past $85k on ETF Inflows Amid Geopolitical Tensions
Bitcoin has surpassed $85,000 for the first time since January 2026.
The latest surge in price was driven by a significant increase in inflows into exchange-traded funds (ETFs), with over $280 million invested in the past two days alone.
The demand for Bitcoin has remained strong, with its current price reaching $85,839.00.
Despite the upward trend, geopolitical risks remain a concern, particularly after Donald Trump's recent statements on Iran.
The US Federal Reserve's decision to raise interest rates and the ongoing impact of the CLARITY Act have also contributed to the pressure on risk assets.