Glassnode: As concerns over the Iran conflict diminish, Bitcoin shows "initial signs of improvement"

MarsBitNews · 2026-03-10T02:45:36+00:00

Mars Finance reports that Glassnode indicates that as concerns over the Iran conflict diminish, the Bitcoin market has initially stabilized, rising 4.3% to approximately $69,100. Open interest in futures contracts has increased, and ETF inflows have grown by 20%. Despite improvements in momentum and demand, overall confidence has not fully recovered, and trading volume remains sluggish.

MarsBitNews

2026-03-10 02:45:36

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Mars Finance News: According to Decrypt, on-chain analytics firm Glassnode states that as concerns over the Iran conflict diminish, Bitcoin’s market structure shows initial signs of stabilization. Bitcoin rose 4.3% to approximately $69,100 today, with open interest in futures increasing, and positive buying in the perpetual contract market indicating traders are cautiously returning to leveraged positions. U.S. spot Bitcoin ETF inflows rose to about $934 million, a 20% increase from the previous week. Glassnode notes that momentum indicators, ETF demand, and profitability metrics are improving, but the recovery remains “initial,” and price movements lack decisive bullish momentum. Trading volume and network activity remain subdued, with weak capital flows, suggesting overall confidence has not fully recovered.

BTC4.4%

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