Bitcoin climbs back above $71,100 on 10 March as capital rotates from traditional markets

On 10 March, Bitcoin briefly reclaimed the $71,100 level after a late‑February slump linked to the U.S.–Iran conflict, reflecting a sharp rebound in crypto markets. While Bitcoin later hovered near $69,901 with a modest 0.25% intraday dip, it still outpaced gold and the S&P 500, which also traded lower. Despite this recovery, Bitcoin remains 13th by global market value, indicating it is still widely treated as a speculative asset rather than a primary store of value.