Bitcoin consolidates near $74,500 after hitting 10-week high of $78,000 as Hormuz tensions weigh on sentiment

Bitcoin is consolidating near recent highs after a strong rally, as geopolitical tensions around the Strait of Hormuz trigger short-term volatility. Despite the pullback, steady ETF inflows and improving institutional demand indicate a constructive outlook, with analysts expecting a potential breakout if key resistance levels are breached in the near term.