Bitcoin continued its advance after breaking above $70,000, briefly surpassing $75,000 during Asian trading hours even as long-term U.S. Treasury yields rebounded and major equity indexes declined. BTC was trading at $73,022.7, up 5.31%, while ETH rose 3.27% to $2,327.02. The 10-year Treasury yield recovered to about 4.70% and the 30-year yield to about 5.25%, while Brent crude reached $93.78 a barrel and WTI $87.83 amid escalating U.S.-Iran tensions. The Dow Jones fell 1.32%, the S&P 500 declined 0.87% and the Nasdaq dropped 1.00%. Bitcoin ETF data for August 19 showed about $517 million in net daily inflows, compared with $189 million for ETH ETFs, marking a third straight day of inflows. BTC ETF inflows reached their highest daily level in more than three months, suggesting renewed spot demand beyond short covering. Market participation has become more selective, with capital concentrating in BTC and assets with strong catalysts. Key watch points are whether BTC holds the $70,000-$71,000 support zone, ETF inflows continue and high-beta assets such as ETH, SOL and DeFi tokens broaden their participation. A sustained rotation into altcoins could turn the move into a wider risk-appetite recovery, while continued BTC-led divergence could raise pullback risks.