Bitcoin Surges Above $72,000 on Institutional Demand Amid Geopolitical Tensions

Bitcoin has rebounded strongly from February lows near $60,000, trading above $72,000 amid renewed institutional demand and significant inflows into US spot Bitcoin ETFs. Major altcoins like Ethereum, Binance Coin, and Solana have also gained. The rally is supported by improving global risk sentiment despite ongoing geopolitical tensions in the Middle East. However, cautious market sentiment persists as around 43% of Bitcoin's supply remains at a loss, indicating potential selling pressure and volatility ahead.