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Bitcoin holds above $63K despite ETF outflows and cautious crypto sentiment.

Market News
17 Aug 2026
Tokenpost
View Source
Neutral
Bitcoin holds above $63K despite ETF outflows and cautious crypto sentiment.

Bitcoin stabilized above $63,000, gaining 0.8% amid a rebound in U.S. equities, with Nasdaq futures hitting a high since early July. However, U.S. spot Bitcoin ETFs saw $390 million in net outflows last week, marking the largest withdrawal in six weeks and a three-day outflow streak. Regulatory uncertainty, including low odds for the Clarity Act's passage, continues to weigh on market sentiment. Crypto derivatives show balanced positioning, while altcoins like Pump.fun and Zcash gained modestly. Overall, market sentiment remains cautious despite some recovery signals.

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Rising US and UK bond yields pressure Bitcoin, which must break $81,500 soon to sustain its bounce.

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