Spot Bitcoin demand is on the rise as war tensions shake global markets

Relentless buyers and ETF inflows pushed Bitcoin higher even as geopolitical uncertainty roiled global markets.

Demand in the spot Bitcoin market strengthened over the weekend as rising tensions roiled global financial markets. Increased spot buying helped stabilize prices after the recent decline and kept BTC relatively stable during the broader market pullback.

Market data shows that this support comes mainly from idle buyers rather than derivative activity. Analysts say that this change will reduce the risk of a downside in the near future, even as geopolitical and macroeconomic pressures to stand

Spot buyers come in when Bitcoin hits the wall of concern

Recently report of Bitfinex noted that spot buyers have actively supported Bitcoin since March 1. Those buyers raised about $3.5 billion through steady buying, mostly during late Asian and US trading hours.

This wave of demand pushed BTC back to $65,000, marking what analysts describe as a “wall of worry” phase. It keeps prices rising even when uncertainty and external risks dominate market sentiment.

Meanwhile, the derived data shows that the open interest moves according to the spot volume with a balanced ratio of 1:1. Provides an example rally not caused by leveraged trading or short-term speculation due to true accumulation.

Further support came from the Coinbase Premium Index, which turned positive after a long negative streak. The index maintained a modest premium, indicating continued demand from US market participants.

In addition, the defense of the $60,000 support level reinforced Bitcoin’s transition to the expansion phase. Market participation has increased and interest rates have remained stable, well below overheated levels, indicating a balanced and stable environment.

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ETF Inflows Boost Bitcoin Market Recovery

It’s worth noting that US bitcoin exchange-traded funds contributed to the significant change by reversing the earlier pullback.

According to Bitfinex, strong inflows last week helped offset selling pressure from miners and long-term holders. For context, March 4 saw a net flow of $461.9 million, and numbers for the week to March 5 have already surpassed $1.14 billion.

These trends have strengthened key technical levels. Bitfinex highlights $77,400 as a major resistance zone and $54,100 as major support based on historical periods. They also note Bitcoin’s correlation with the Nasdaq and geopolitical risks related to the Strait of Hormuz, which could affect near-term volatility.