Bitcoin Price Remains Stable Near $77,000 Amid Institutional Outflows

Bitcoin's price remained relatively stable near $77,000 on Monday, despite the significant institutional outflows of $1.25 billion from Bitcoin ETFs over the past week.

The world's largest cryptocurrency was up 0.5% over the past 24 hours, trading at $77,182 at press time, slightly outperforming the broader crypto market.

Despite this, the slight rebound pushed BTC's price closer to a major resistance zone near $78,000, which traders are watching closely after weeks of volatile price action and heavy selling pressure from spot exchange-traded funds.