Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Bitcoin Holds Firm at $63K Amid Institutional Appetite

Guavy AI Editorial Team
Instruments
BTC
Share

Bitcoin's price remains stable at around $63,000, despite a recent decline in retail interest. According to data from CoinMarketCap, the global crypto market capitalization has risen by 1.31% to $2.18 trillion.

Avinash Shekhar, Co-Founder & CEO of Pi42, notes that fresh inflows into spot Bitcoin ETFs signal institutional appetite remains intact. He advises investors to focus on where long-term capital is flowing rather than reacting to short-term shifts in participation.

Vikram Subburaj, CEO of Giottus, cautions that weak spot demand and cautious derivatives positioning continue to restrict the recovery. Immediate support lies around $63,000, followed by the recent intraday low near $62,200.

More on Crypto

Crypto just now

$10+ No Longer an Unrealistic Target for XRP, Chart Analysis Suggests

Crypto 1m ago

Eric Trump's American Bitcoin Expands Holdings by 3,700%

Crypto 1m ago

Bitcoin ETFs Surge with $170M Net Inflows Amid Price Bounce

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy