Bitcoin revisits $63,000 as ETFs and Strategy absorb over 1.24M BTC

Bitcoin has returned to the $63,000 area after falling from above $81,000 since mid-May and briefly dipping below $62,000 in June. Over the same window since BTC last traded at $63,000 in March 2024, spot ETFs absorbed 509,102 BTC and Strategy added 650,706 BTC. BTC was around $63,200 at the time of writing, down more than 13% over the past seven days.