Bitcoin falls close to $62,000 as geopolitical risks weigh, $143 million ETF inflows offer support

Bitcoin fell close to $62,000, down 1% in 24 hours, while Ethereum slipped 1% to around $1,733 amid US-Iran geopolitical tensions, rising crude oil prices, higher bond yields, and concerns over a potential September Fed rate hike. Global crypto market capitalisation edged down 1% to $2.14 trillion, with the fear and greed index at 25 signalling extreme fear. Despite the selloff, spot Bitcoin ETFs recorded about $143 million in net inflows, and analysts view the $61,000–$62,000 zone as a critical support level.