Bitcoin Price Today: BTC Holds Near $88,000 as U.S. Stock Market Closed; ETF Outflows and Holiday Liquidity Keep Traders on Watch
Bitcoin hovered near $87,856 Sunday afternoon in New York, trading in a narrow range after U.S.-listed spot Bitcoin ETFs saw $782 million in net outflows over Christmas week. U.S. stock markets remained closed for the weekend, with major indexes ending Friday’s session slightly lower on thin volume. Gold and silver touched fresh highs late in the week. BlackRock’s IBIT led Friday’s ETF redemptions with nearly $193 million.