BlockBeats reports that on March 4th, according to Decrypt, Bitcoin’s rebound trend continues, breaking above $71,000 for the first time in three weeks. However, whether this rally can sustain depends on the overall liquidity environment and geopolitical risks.
Altura co-founder and CEO Ranveer Arora said, “ETF capital inflows continue to provide structural buying support, but the more direct drivers seem to be position resets, reduced supply elasticity after the halving, and improved liquidity expectations. In the crypto market, once selling pressure is absorbed and positions start to rotate, leverage and derivatives capital flows often accelerate the price discovery process.” Arora believes that Bitcoin’s movement remains closely related to the global liquidity environment. He pointed out that Bitcoin’s performance “is more like a high-beta expression of the global liquidity situation than a traditional defensive asset.”
LetsExchange Chief Product Officer Alex J. stated that Bitcoin reaching $71,000 was “mainly driven by escalating geopolitical tensions and rising uncertainty.” When asked whether this rebound can continue, Alex J. said, “Probably not. But the price is also unlikely to fall sharply.” He explained that when the global financial system experiences severe turbulence that significantly impacts liquidity flows between different assets, Bitcoin struggles to compete with conservative assets like gold.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strategy Acquires 1,031 BTC, Total Holdings Reach 762,099 Bitcoin
Gate News bot message, Strategy (previously MicroStrategy) has purchased 1,031 BTC for $76.6 million at an average price of $74,326 per Bitcoin. The company now holds 762,099 BTC, acquired for a total of approximately $57.69 billion at an average price of $75,694 per Bitcoin.
GateNews4m ago
Bitcoin Sub-$50K Spurs Five Key Takeaways Amid Gold Bear Market
Bitcoin began the week facing renewed macro headwinds as risk sentiment wavered and traders weighed the possibility of further downside in a pattern that resembles January’s bear flag. BTC traded around the mid-$60,000s after a weekend of outsized liquidations and a weekly close that fell short of r
CryptoBreaking6m ago
BTC 15-minute decline of 0.76%: Extreme short positions and surging exchange net inflows resonate to release spot selling pressure
Between 2026-03-23 11:45 and 12:00 (UTC), BTC yield recorded -0.76%, with the K-line price range fluctuating between 70058.1 and 70697.0 USDT, reaching an amplitude of 0.90%. Market sentiment shifted to caution over the short cycle, with volatility significantly intensifying. Attention increased during this period, with changes in capital structure triggering a rapid market reaction.
The primary driver of this anomaly is significant concentration of short positions in the derivatives market and abnormal funding rates. On the derivatives positioning side, the funding rate remained at a continuous -6%, significantly below the 30-day average, with short positions
GateNews14m ago
BTC drops below 70,000 USDT
Gate News bot message: Gate market data shows BTC has broken below 70000 USDT, current price 69995 USDT.
CryptoRadar15m ago
Mt Gox Makes First Bitcoin Transfer in 4 Months But It's Just $500 BTC - U.Today
Mt. Gox conducted its first Bitcoin transaction in four months, moving a small amount valued at $500. Meanwhile, Bitcoin has surpassed $70,000, decoupling from traditional markets amidst ongoing volatility.
UToday34m ago
CFTC Sets 20% Capital Charge for Bitcoin and Ethereum Collateral
The Commodity Futures Trading Commission (CFTC) has taken a clear step toward integrating cryptocurrencies into traditional finance. In its latest guidance, the regulator allows Bitcoin and Ethereum to be used as collateral in derivatives trading while applying a 20% capital charge to manage
Coinfomania37m ago
