Bitcoin Trades in Narrow Range as Institutional Demand Remains Strong

Bitcoin's price has been experiencing a relatively stable trend on April 10, oscillating between $70,000 and $73,000.

The temporary ceasefire in the Middle East and expectations of progress on the CLARITY Act have positively impacted risk assets, contributing to bitcoin's current pricing.

Additionally, the launch of spot ETFs has led to significant inflows, with blackRock's IBIT leading the charge with $182 million in investments.