Bitcoin is trading near $63,000

• Current price is roughly between $62,800 and $63,100.

• It is slightly down over the last 24 hours (around 0.5–1%) and has lost about 2.5–3.5% over the past week.

• Spot Bitcoin ETFs have seen consecutive outflows (the first two-day streak since late July).

• The SEC cancelled/postponed a planned crypto-related meeting, which added some pressure on market sentiment.

Positive Developments

• Trump-backed World Liberty received conditional bank charter approval from the U.S. regulatorThere are reports that President Trump may attend a White House meeting with crypto CEOs next week.

Market Overview

• Ethereum is hovering around $1,880.

• Overall crypto market cap is approximately $2.24 trillion (slightly down).

• The market is quiet this weekend and remains range-bound. Key support is near $62,400–$62,500, while resistance sits around $64,000–$65,500.

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