Bitcoin slips back below $70K as ETF flows flip negative 📉 The debate now: Is bitcoin emerging as a geopolitical hedge… or is this still just a relief rally inside a volatile range? After $1.1B of inflows in three days, U.S. spot bitcoin ETFs saw $228M in net outflows on March 5, breaking the streak. Markets are navigating war-driven volatility and macro uncertainty 🌍 Yet spot demand has held up, with analysts noting recent buying has been largely unleveraged accumulation, not speculative froth.