{
  "id": 1006429,
  "title": "Bitcoin near $63,000 as weaker ETF demand and cancelled SEC meeting dampen crypto sentiment",
  "url": "https://urgent.news/2026/08/15/bitcoin-near-63-000-as-weaker-etf-demand-and-cancelled-sec-meeting",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T09:02:23.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-news/bitcoin-near-63000-as-weaker-etf-demand-and-cancelled-sec-meeting-dampen-crypto-sentiment/articleshow/133259389.cms"
  },
  "original_language": "en",
  "account": "Bitcoin has settled near the $63,000 level as reduced ETF demand and a cancelled SEC meeting have dampened sentiment within the cryptocurrency market. Trading at approximately $63,086 over the past 24 hours, Bitcoin and Ethereum both experienced slight declines of 0.7% and 0.3%, respectively. Major altcoins such as BNB, XRP, Solana, Tron, Hyperliquid, and Cardano recorded losses of up to 1.1%.\n\nThe overall value of the global crypto market diminished by 0.4% to $2.24 trillion, according to data from Coingecko. Delta Exchange noted that market participants are cautious, with Bitcoin hovering near $63,000 amid weaker ETF demand and lingering regulatory uncertainties dampening risk appetite. The cancellation of the SEC's planned crypto-rule meeting removed a potential near-term catalyst, while recent spot Bitcoin ETF outflows suggest that institutional buying momentum has weakened.\n\nOver the past week, both Bitcoin and Ethereum declined by 2.8% and 1.6%, respectively. In this period, XRP and Cardano saw decreases of 2.4% and 9.8%, whereas BNB, Solana, Tron, Hyperliquid, and Dogecoin experienced gains of up to 2.9%. Nischal Shetty, Founder of WazirX, stated that Bitcoin has been trading in a range of $63,000 to $65,000, with $62,400-$63,000 acting as support and $64,000-$65,500 as resistance. Ethereum, on the other hand, held steady around $1,870-$1,885, with support between $1,850-$1,870 and immediate resistance at $1,900-$1,925. Institutional demand remained supportive with strong ETF inflows, but offsetting selling and muted momentum kept both Bitcoin and Ethereum in a consolidation phase.",
  "summary": "Bitcoin hovered near $63,000 as weaker ETF demand and a cancelled SEC meeting weighed on crypto sentiment. Bitcoin and Ethereum declined, while the global crypto market cap slipped 0.4%. Analysts cited subdued momentum, regulatory uncertainty and range-bound trading.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}