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

Bitcoin Stagnates Near $63,000 Amid Weaker ETF Demand

Guavy AI Editorial Team
Instruments
BTC WRX
Share

Bitcoin's value continues to hover near $63,000 as investors remain cautious due to weaker ETF demand and the cancellation of the SEC's scheduled crypto-rule meeting.

Riya Sehgal from Delta Exchange noted that while there is a lack of aggressive downside acceleration, the absence of institutional buying momentum has cooled. She emphasized that recent spot Bitcoin ETF outflows indicate this trend.

Nischal Shetty, founder of WazirX, observed that Bitcoin remains range-bound between $63K and $65K, with 62.4K-63K serving as key support and 64K-65.5K acting as resistance.

More on Crypto

Crypto just now

CZ Warns Millionaires May Struggle to Afford a Single BTC Amid Scarcity Concerns

Crypto 1m ago

BTCC Brings Zero-Barriers Trading to Token2049 Singapore

Crypto 1m ago

South Korea Forces Google to Yank Offshore Crypto Exchange Apps

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