Bitcoin hovers near $70K amid Middle East tensions and ETF outflows; CPI data key for next move

Bitcoin hovers near $70K amid Middle East tensions and ETF outflows; CPI data key for next move

Bitcoin hovered near $70,000 amidst geopolitical tensions, a hawkish Fed outlook, and ETF outflows. Markets await CPI data for direction, with $70,000 acting as a key support level. Analysts suggest a consolidation phase, with the broader bullish structure in…

Bitcoin remained near the $70,000 mark on Friday amid the rising geopolitical tensions in the Middle East, more hawkish Fed outlook and ETF outflows. Markets are focused on CPI data to decide the nex… [+2809 chars]