Bitcoin reclaims $75,000 as Iran ceasefire talks advance, equities rally resumes
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- Iran sends a delegation to Pakistan for a second round of cease‑fire talks, extending the two‑week truce that expires Wednesday.
- Bitcoin rose to $75,733, up 1.5% in 24 hours and 1.7% for the week, as markets priced in progress on the talks.
- Public miners sold a record 32,000 BTC in Q1, surpassing the 20,000 BTC dump after the Terra collapse in 2022.
- Spot Bitcoin ETFs attracted $996.4 million in net inflows last week, while Ethereum ETFs pulled in $275.8 million.
- Funding rates on Bitcoin perpetual futures have stayed negative for 46 consecutive days, the longest stretch since the 2022 FTX collapse.
Why it matters: Public miners lose 32k BTC, squeezing margins, while ETF investors gain $996M, supporting demand; the negative funding rate suggests short‑term price pressure, so traders must watch the $75k barrier before the cease‑fire deadline.
