Bitcoin climbs over $63,000 as buying interest returns; key on-chain metric signals market stabilization

Bitcoin rebounded to around $63,000 from a recent low of about $61,300, though analysts noted that confirmation above the $64,000-$64,300 zone is needed to improve the technical structure. Global crypto market capitalisation stood at $2.18 trillion, marginally lower by 0.3%, while Bitcoin ETFs recorded eight consecutive weeks of outflows. Ethereum traded around $1,813, supported by stablecoin supply of about $153 billion on its network and continued exchange withdrawals signalling lower near-term selling pressure.