Bitcoin Holds $63K-$64K as CLARITY Act Advances and ETF Flows Turn Positive

Bitcoin is holding steady in the $63,000-$64,000 range after defending a weekend dip below $63,000 that triggered $14 million in long liquidations. The latest development shows renewed institutional support as spot Bitcoin ETF flows turned positive following nine weeks of outflows, while the CLARITY Act could reach Congress by July 17 to clarify digital asset rules. This resilience comes despite a continued $10 billion contraction in the stablecoin market since May, with June supply falling 2.4% to $312 billion and USDT plus USDC accounting for most redemptions. Trading activity remains robust, highlighted by record $1.78 trillion in adjusted stablecoin volume.