Bitcoin attracts millions of dollars in the midst of world tension
Bitcoin fever (BTC) intensifies in the financial markets, with the quoted funds (ETF) of the digital currency attracting 2,000 million dollars in net tickets in the last 8 days.
This constant capital flow reinforces Bitcoin’s perception as an active refuge, comparable to gold, in a context of global uncertainty.
The main driver of these entries is the Ishares Bitcoin Trust (ibit), managed by Blackrock, which accumulated 2.3 billion net dollars in that period.
The sustained demand of these ETF directly impacts the price of Bitcoin, that stands firm above $ 100,000, currently quoting at $ 104,000.
The managers of these funds, when facing greater demand, buy more bitcoin to support their actions, which raises the price of cryptocurrency for the dynamics of supply and demand.
On the other hand, the ETF of Ether (ETH), the cryptocurrency of Ethereum, also record solid performance, with five consecutive days of tickets totaling 1.5 billion dollars.
This simultaneous interest in both cryptoactive reflects a growing confidence of investors both in BTC and ETH.
Meanwhile, The geopolitical tension. As usual in events of this nature, the markets reacted with uncertainty, as reported by cryptoics.
The world observes carefully if the president of the United States, Donald Trump, will decide to involve his country in the conflict, adding uncertainty to global markets.
