Bitcoin climbed back above $63,000 as ETF inflows resumed and institutional buying improved sentiment after last weeks sharp correction. Despite the rebound, markets remain cautious amid weak broader trends, key resistance levels, and upcoming macro triggers, including US inflation data and Federal Reserve policy decisions influencing crypto direction.

Presto's Min Jung told The Block that KOSPI's crash may have had some impact on bitcoin's recovery, but not substantially.

Bitcoin climbed back above the $63,000 level on Monday after successfully defending a key support zone, despite persistent ETF outflows of $3.4 billion. Ethereum and major…