Bitcoin trades below $70,000 as U.S. spot ETFs lead $619 million crypto ETP inflows

Bitcoin is trading just under $70,000 amid rising macro volatility, with analysts citing a stronger U.S. dollar, geopolitical tensions and sharp oil price swings as pressure on risk assets, Naga AvanNomayo reports. Flow data show U.S. spot Bitcoin ETFs accounted for most of the $619 million that moved into global crypto ETPs last week. Onchain indicators and ETF flows together suggest the market could be shifting into a stabilization phase, while much of the broader crypto market is consolidating around key technical levels ahead of a busy macroeconomic calendar this week.