coin-img-ETHETH+8.16%coin-img-BTCBTC+2.35%coin-img-SOLSOL+5.68%coin-img-XRPXRP+4.42%coin-img-CRKCRK-31.96%coin-img-WPWP-31.66%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+2.87%coin-img-ETHETH+8.16%coin-img-BTCBTC+2.35%coin-img-SOLSOL+5.68%coin-img-XRPXRP+4.42%coin-img-CRKCRK-31.96%coin-img-WPWP-31.66%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+2.87%coin-img-ETHETH+8.16%coin-img-BTCBTC+2.35%coin-img-SOLSOL+5.68%coin-img-XRPXRP+4.42%coin-img-CRKCRK-31.96%coin-img-WPWP-31.66%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+2.87%coin-img-ETHETH+8.16%coin-img-BTCBTC+2.35%coin-img-SOLSOL+5.68%coin-img-XRPXRP+4.42%coin-img-CRKCRK-31.96%coin-img-WPWP-31.66%coin-img-USDCUSDC-0.01%coin-img-HYPEHYPE+2.87%

Bitcoin Holds Above $70,000 as Spot ETF Inflows and Institutional Accumulation Continue Ahead of March 18 FOMC Meeting

Bitcoin is trading above $70,000 ahead of the Federal Reserve's March 18 FOMC meeting, with spot Bitcoin ETFs recording net inflows for four consecutive trading days, Bitfinex Alpha reports. Onchain and derivatives data show neutral funding rates and recovering open interest, while ongoing spot buying indicates institutional investors are accumulating within the current range rather than driving moves through liquidations. Around $72,500, roughly $2.4 billion in short positions are clustered, and a break above this resistance could unleash additional upside. Rising oil prices amid escalating Middle East tensions are feeding expectations of stronger inflationary pressure in coming months, a factor seen as influencing liquidity conditions across global financial markets including cryptocurrency assets.
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