​​​Bitcoin Back Under Pressure

​Bitcoin has experienced another highly volatile week, slipping by over 6% from last week’s high, and seeing a fourth consecutive day of falling prices amid global risk-off sentiment amid heightened tensions in the Middle East.

​This follows several weeks of strong institutional demand and renewed optimism surrounding US crypto regulation which helped push the cryptocurrency back above the $80,000 mark before broader market weakness triggered renewed selling pressure.

​The world’s largest cryptocurrency continues to trade within a complex macro environment where ETF inflows, regulatory developments and institutional accumulation remain supportive, while geopolitical tensions, inflation…