Bitcoin surged to $73,000 on Saturday, driven by Middle East ceasefire easing oil prices and boosting risk‑on sentiment.
Spot Bitcoin ETFs attracted $358 million net inflows, led by BlackRock’s IBIT and Morgan Stanley’s new Bitcoin Trust with $34 million day‑one inflow.
A short‑squeeze forced over $427 million of bearish liquidations and $6 billion of leveraged shorts sit near $73.5‑$75k, risking a liquidation cascade.
Falling WTI crude (from $112) lowers inflation expectations, reviving dovish Fed outlook and supporting Bitcoin’s “digital gold” appeal.