Bitcoin breaks $80K as institutional inflows hit $154M amid US-Iran geopolitical talks

Bitcoin surged past $80,000 with a 2.6% gain, driven by strong institutional inflows totaling $153.87 million into US spot Bitcoin ETFs for the fifth consecutive week. The rally coincided with ongoing US-Iran diplomatic talks and geopolitical developments, including the US's "Project Freedom" to escort ships through the Strait of Hormuz. Technical analysts highlight key resistance zones at $86–88K and $92–94K, while some traders remain cautious about potential liquidity traps. Market watchers are also focused on upcoming US jobless claims data and continued ETF flows as key factors for Bitcoin's near-term direction.