Bitcoin holds steady in the $62,500 to $63,800 range, showing resilience even as escalating military conflicts between the United States and Iran in the Strait of Hormuz push Brent crude toward $79 per barrel. While traditional markets face inflationary shocks and hawkish Federal Reserve rate projections, Bitcoin spot ETFs broke an eight-week negative flow streak with $197.4 million in weekly inflows. Meanwhile, the mining sector faces a profitability crisis, prompting a major corporate pivot toward artificial intelligence infrastructure.
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