DeFi Intel

Bitcoin holds above $63,200 support, eyes $67,1...

Bitcoin has held above its $63,200 median realized price for the past two weeks and could see an upside breakout if it surpasses $67,176. However, weak demand from US spot Bitcoin ETFs and a 4.5% decline in stablecoin supply have limited fresh liquidity, leaving the rally unfunded, while low trading volume and thin participation could amplify price moves. The next major support levels are $57,803 and a long-term floor at $52,699, with institutional demand remaining subdued amid easing US financial conditions.

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