A combination of strong institutional demand and easing geopolitical tensions pushed Bitcoin above $64,000 on Saturday, its highest level in recent weeks. Spot Bitcoin ETFs recorded their largest single-day inflows in a month, signalling renewed appetite from institutional investors. Sentiment was further boosted after Pakistan's prime minister indicated that a peace deal between Pakistan and Iran was close, reducing regional risk premiums that had weighed on risk assets. The convergence of positive ETF data and diplomatic progress provided a dual catalyst for the move higher. Bitcoin had been consolidating below key resistance levels in prior sessions, making the $64,000 break a technically significant development. Traders will be watching whether sustained ETF inflows and geopolitical stability can support further upside momentum in the near term.
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