Wintermute warns Bitcoin's bounce to $64K is a relief rally driven by macro factors, not organic crypto demand, citing weak ETF inflows and stablecoin

Bitcoin surges past $63,000 as ETF inflows and easing macro concerns boost investor sentiment, eyeing resistance at $65,000-$70,000.

BTC traded around $63,500 after a six-day rally as Wintermute and Bitfinex flagged weak ETF demand, while K33 said 50% of supply is at a loss.