- Bitcoin dips below $64K as Israel-US attacks on Iran spark market fears, while gold rallies as a safe-haven asset.
- U.S. Bitcoin ETFs see $1B inflows this week, signaling renewed investor interest despite geopolitical tensions.
- Ethereum and Solana also drop, but strong ETF flows show institutions are still betting on crypto recovery.
Bitcoin (BTC) fell below $64,000 on Saturday following the news of attacks by Israel and the United States on Iran. Previously, the cryptocurrency had been viewed as a safe haven asset. However, its recent trend is quite different from the trend in gold.
Although the price of gold has risen more in the latest geopolitical tensions, the price of Bitcoin is still falling by more than 50%. The price of the cryptocurrency fell from its peak of $125,000 in October 2025. Therefore, the price of the cryptocurrency is not viewed as a safe asset like the price of gold.
It is not just the price of Bitcoin that is falling. Other popular cryptocurrencies such as Ethereum (ETH/USD) and Solana are also falling.
However, analysts are worried that the decline may be more prolonged. For example, if Iran decides to attack countries hosting U.S. military bases, then the tensions will escalate, which will push down the price of Bitcoin. As of now, $60,000 is an important level for Bitcoin. Previously, the cryptocurrency has rallied up from this point, so it’s a level for investors to focus on.
Investors are also keeping an eye on gold. It’s expected that gold prices will continue to appreciate when Asian markets resume. Generally, during geopolitical tensions, people tend to move their money from riskier assets like stocks and crypto into safer assets like gold. It’s possible that gold prices may move above previous records.
Bitcoin ETF Inflows Signal Renewed Interest
Despite the sell-off, U.S.-listed spot Bitcoin ETFs recorded over $1 billion in inflows across three sessions this week. SoSoValue data shows Tuesday through Thursday inflows totaling $1.02 billion, led by a $506 million inflow on Wednesday. BlackRock’s iShares Bitcoin Trust (IBIT) contributed $275 million on Thursday alone.
Analysts suggest this reflects renewed dip-buying interest after Bitcoin’s recent slide. However, some funds like Fidelity’s FBTC and Ark 21Shares’ ARKB reported outflows. Gains from Bitwise’s BITB and Grayscale’s BTC offset these declines, keeping overall ETF flows positive.
According to blockchain analytics platform Lookonchain, one-day net inflows registered +5,445 BTC (+$360.87M), +24,359 ETH (+$47.67M), and +28,333 SOL (+$2.35M). Seven-day flows also indicate investor confidence, with 13,053 BTC, 38,971 ETH, and 546,828 SOL added to ETFs. Consequently, even amid geopolitical uncertainty, institutional investors are still engaging with the market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strategy Buys 17,994 BTC for $1.28B, Bitcoin Holdings Reach 738,731
Strategy purchased 17,994 BTC and raised its Bitcoin holdings to 738,731 BTC, according to the SEC filing.
Strategy now holds about 3.7% of Bitcoin supply after buying nearly five weeks of newly mined BTC.
Strategy funded the latest Bitcoin purchase through sales of MSTR and STRC
CryptoNewsLand21m ago
A certain whale sold 75 BTC in the past 20 hours and bought 2.067 billion PUMP from Wintermute.
Gate News Report, March 10 — According to Onchain Lens monitoring, a certain whale (address 24BLF...LChr) sold 75 BTC worth $5.08 million in the past 20 hours and bought 2.067 billion PUMP tokens from market maker Wintermute, valued at $4.04 million.
GateNews1h ago
Bitcoin-Tech Stock Correlation Is Overblown, NYDIG
Bitcoin’s recent price action has traced the footsteps of US software equities, driven more by macro liquidity conditions than a lasting structural link to the tech sector. In a note issued on Friday, Greg Cipolaro, NYDIG’s head of research, argued that the visual fit between BTC and software
CryptoBreaking1h ago
Michael Saylor’s Strategy Builds $50 Billion Bitcoin Treasury With 738,731 BTC
Michael Saylor’s company, Strategy, has become the largest corporate Bitcoin holder with over 738,000 BTC, valued at approximately $50.7 billion. Their strategy involves aggressive accumulation using corporate funds and debt financing, significantly influencing corporate finance and Bitcoin adoption.
CryptometerIo1h ago
A certain whale received 245 BTC again eight hours ago, accumulating a total of 495.3 BTC purchased over the past two weeks.
Gate News reports that on March 10th, according to The Data Nerd monitoring, eight hours ago, a whale address bc1q8 received another 245 BTC (approximately $16.8 million). Data shows that over the past two weeks, this whale has accumulated a total of 495.3 BTC (approximately $33.4 million) through an institution, with an average purchase price of about $67,430.
GateNews2h ago
Bitcoin returns to $70,000: Geopolitical conflict concerns ease, ETF fund inflows continue to drive BTC rebound
On March 10th, Bitcoin broke through $70,000 during the East Asian trading session, completing a recovery after the weekend sell-off. As volatility in the energy markets eased, selling pressure on risk assets diminished. Market data shows that institutional capital inflows continue to support Bitcoin, investor sentiment is improving, and short-term upside potential is increasing.
GateNews2h ago
