Bitcoin (BTC) stabilized above $63,000 on Monday, gaining 0.8% since midnight UTC to trade around $63,637 as the cryptocurrency market tracked gains in U.S. equities. Nasdaq 100 futures rose 0.5% to their highest level since July 2, offering some support after Bitcoins losses last week. Despite the rebound, spot Bitcoin ETF flows remain a concern. U.S. spot Bitcoin ETFs recorded $390 million in net outflows last week, their largest weekly withdrawal in six weeks and the first three-day outflow streak since late July. Ether (ETH) ETF activity was comparatively muted, while Solana (SOL) ETFs…
Source:: Bitcoin Holds Above $63K as ETF Outflows Weigh on Crypto Market