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Bitcoin holds steady near $63,500 as institutional buying returns, signaling potential market bottom.

Market News
17 Aug 2026
Coindesk
View Source
Neutral
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Bitcoin price remains stable near $63,500, capped below $64,000 but above $60,000, showing signs of market bottoming. Institutional investors have shifted from selling in Q2 to buying in Q3, with US spot ETFs adding over 14,000 BTC recently. Despite low trading volumes and volatility, fresh demand in a quiet market could indicate a durable bottom. However, Bitcoin remains range-bound between $62,000 and $64,000, with risks of sharp price moves due to elevated leverage and low volumes.

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