Bitcoin Holds Steady at $62.9K Amid ETF Demand Support

Bitcoin held steady near $62.9K as demand for spot exchange-traded funds (ETFs) supported its recovery.

The price showed small gains after a period of heavy selling, but remained far below record highs seen in late 2025.

Despite this, the world's largest cryptocurrency stayed above the crucial $62,000 support zone, with buyers stepping in at lower prices and preventing a major decline.

Around $143 million entered Bitcoin ETFs during the day, marking another session of positive investment flows from large institutions.