According to Glassnode and CryptoQuant data, Bitcoin recovered above $64,150 over the weekend as President Trump paused U.S. military strikes on Iran, allowing diplomatic talks to continue. Trump said the U.S. remained positioned to respond but had halted strikes on Friday to maintain backchannel diplomacy with Tehran.
Spot Bitcoin ETFs recorded more than $465 million in net outflows on Thursday and Friday, with BlackRock's IBIT losing $212 million on Friday alone. Stablecoin transfers to exchanges fell to multi-month lows, signaling reduced near-term buying activity.