Bitcoin Tops $63K, ETFs Bleed $1.72B, Strategy Adds 1,550 BTC

Bitcoin climbed back above $63,000, with analysts calling it a classic oversold relief rally.

U.S. spot bitcoin ETFs recorded $1.72 billion in net outflows last week — the largest weekly withdrawal since February 2025.

Strategy purchased an additional 1,550 BTC for $101.3 million, boosting its holdings to 845,256 BTC.

Other notable developments:

• Zcash disclosed details of a critical vulnerability fix in its Orchard shielded pool.
• Bernstein reiterated its long-term store-of-value thesis for bitcoin, citing unchanged fundamentals despite slower cycles.
• The UK FCA proposed allowing authorized funds to allocate up to 10% of assets to crypto ETNs.
• Over 200 organizations, including Coinbase and Ripple, urged Senate leaders to bring the Clarity Act to a vote.
• MetaMask plans to launch a non-custodial AI agent wallet this summer.
• Bitmine added 126,971 ETH to its treasury, now holding 5.54 million ETH.