Asian Market Rebound Fails to Stir Crypto

Bitcoin has maintained its price at $64,000 despite a rebound in Asian markets. The cryptocurrency lost 1% over the past 24 hours but remains stable as of press time. South Korean stocks showed significant gains following a sell-off, with the Kospi index rising 17%. However, digital assets have largely ignored this rally.

The rest of the market has experienced a slight correction, with HYPE losing 6% and Solana and XRP each dropping 2% over the past week. Ethereum's price remains mostly unchanged. The weakness in the crypto market may be influenced by reports of a theft of 594.48 BTC from Coldcard hardware wallets.

The U.S. spot Bitcoin ETFs have attracted $233.1 million, with the majority coming from BlackRock's IBIT fund. This influx has brought the partial weekly result back into the positive, with a net inflow of $203.84 million over the last four trading days.