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

Bitcoin Price Drops Near $63K Amid Broader Institutional Selling

Guavy AI Editorial Team
Instruments
BTC
Share

Bitcoin's price has dipped to near $63,736 after failing to hold gains following its recent peak at $65.4K.

The cryptocurrency's value is experiencing a slight daily loss as major holders Metaplanet and Hut 8 have moved a combined 4,374 BTC worth approximately $278.66 million.

However, these transfers did not reach exchanges, indicating that the moves were likely internal reshuffling rather than selling.

The broader institutional selling trend continues, with $5.05 billion flowing out of Bitcoin and $1.5 billion out of stablecoins, signaling bearish sentiment and potential further price declines if the trend persists.

More on Crypto

Crypto just now

NEAR Protocol Bolsters Data Security with Intel Partnership

Crypto just now

Ripple Supports Native Lending Features on XRP Ledger Amid Ongoing Ecosystem Risks

Crypto just now

tx XRP Bridge Drained of Nearly $200,000 in XRP Exploit

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. 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

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