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The Economic Times
The Economic Times
Shreya Biswas

Bitcoin price today breaks $62,000 as whales stack $16.7 billion in BTC USD while ETFs bleed billions and crypto traders watch a key resistance zone

Bitcoin United States ETF Crypto US Federal Reserve Bitfinex

Bitcoin (BTC USD) price analysis : Bitcoin moved above the $62,000 mark on Friday, climbing as high as $62,310, its strongest level since June 24, amid continued accumulation by large holders even as US spot Bitcoin ETFs saw record outflows, as per a report.

The broader market remained quiet due to the US Independence Day holiday, coming shortly after the Dow Jones Industrial Average hit a record high in the previous session.

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