Bitcoin’s price remains stable at $64,000 as traders focus on ETF fund outflows and the Strait of Hormuz risk
CoinWorld: Bitcoin remains steady around $64,000 on Sunday, rising 0.87% in 24 hours to $64,008, with a daily range of 63,188-64,462, and a daily volume of over $1.66 billion. Seven-day weakness, weekend rebound only partially recovered. Key support is at $62,000; a break below may pressure market sentiment; if it breaks through $67,000, bulls may see a rebound. The US and Iran are discussing a ceasefire in Switzerland, with a 60-day window; if tensions re-emerge, the closure of the Strait of Hormuz could push oil prices higher, putting pressure on risk assets including Bitcoin.