Bitcoin price today: stalls at $63k amid outflows; HK ETFs bring little cheer
Bitcoin price moved little on Tuesday, sticking to the lower end of a trading range established in the past month as investors continued to pull out of U.S.-listed crypto investment products.
The launch of spot exchange-traded funds (ETF) in Hong Kong also sparked little immediate joy, as markets waited to see just how much Asian demand was in store for crypto. Hong Kong capital markets are also substantially smaller than the U.S.
Bitcoin rose 1.6% over the past 24 hours to $63,423.3 by 01:26 ET (05:26 GMT).
