Bitcoin's Rebound: Experts Weigh in on Market Forces and Future Outlook

Bitcoin has made a significant rebound in recent days, trading above $70,000 after a broad rally lifted cryptocurrency markets and related equities. The surge has brought the world's largest cryptocurrency closer to regaining its status as a geopolitical hedge, particularly with ongoing tensions in the Middle East.

One of the key drivers behind this recovery is renewed institutional demand. Spot Bitcoin exchange-traded funds have seen significant inflows, totaling around $1.1 billion over three trading sessions from March 2 through March 4.