Bitcoin seems to have entered a new bull market unnoticed.

The largest cryptocurrency in the world has gained 20.5% since its February low. Technically, it meets the standard threshold for a bull market.

The gain comes despite escalating tensions between Iran and the U.S., and oil prices nearing $100 a barrel due to Iran’s closure of the Strait of Hormuz.

The gain has also helped Bitcoin post its best week and month since September, showing its ability to remain strong even as other markets struggle amid heightened geopolitical tensions and inflation concerns.

Investment vehicles that are tied to cryptocurrency are also reflecting this momentum.

Bitcoin ETFs See Fresh Inflows

ETFs tied to…

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