The Economic Times

Bitcoin price today breaks $62,000 as whales stack $16.7 billion in BTC USD while ETFs bleed billions and crypto traders watch a key resistance zone

Bitcoin (BTC USD) price analysis: Bitcoin surged past $62,000, reaching its highest point since late June, driven by significant accumulation from large holders. This occurred despite record outflows from US spot Bitcoin ETFs. Weaker US jobs data also influenced market sentiment, with investors now anticipating the Federal Reserve's next move.