⚡ JUST IN :Bitcoin has climbed $70.400 in quiet trade Wednesday, outperforming the major stock averages in general, and in particular the software sector with which the crypto's performance has been so tightly linked in recent months.💥🔥🚨

Analysts say bitcoin’s muted reaction to Iran-related headlines and its weakening correlation with software stocks suggest seller exhaustion and a potentially stabilizing market.$BTC

A newly positive correlation with gold and a rebound in spot bitcoin ETF inflows, led by BlackRock’s IBIT, are bolstering the case for a broader recovery into the second quarter.