Svmuu According to Cointelegraph, amidst ongoing geopolitical tensions in the Middle East, the price of Bitcoin has broken through $72,000, reaching a new high since March 5th, demonstrating strong market resilience. The market is also closely watching the upcoming release of the US PCE price index, a key inflation gauge for the Federal Reserve. Before the PCE data release, US President Trump once again pressured the Federal Reserve, urging Chairman Powell to cut interest rates immediately and stating that action should not wait until the next policy meeting. Bitcoin has shown "surprisingly strong" performance under recent geopolitical shocks. Glassnode data indicates that a new chip accumulation zone is forming in the range of $62,000 to $72,000. However, compared to past phases that drove significant rallies, the current accumulation intensity remains relatively limited. Analysts believe that if capital inflows persist, Bitcoin is poised to form new medium-term breakout momentum. (Cointelegraph)