Bitcoin, the largest token, and a cohort of smaller digital assets have been an oasis of calm relative to the volatility in equities, gold and oil. This marks a sharp contrast to the spectacular crash in October, which saw the value of bitcoin halve from its high above US$126,000. “Institutional buyers, particularly corporate treasuries, are absorbing supply on every dip.”US-traded spot bitcoin ETFs have seen roughly US$1.5 billion in inflows this month, according to data compiled by Bloomberg. Bitcoin briefly plummeted after the US and Israel initiated a bombing campaign against Iran on Feb 28, falling as low as US$63,038. While bitcoin could touch US$80,000 in the short term, he said the rally may fizzle out by next month and worsen by August.

Source: The Edge Markets March 17, 2026 07:51 UTC