Bitcoin price stayed above $62,000 but could face supply overhang from potential transfers of Silk Road and Bitfinex funds. Ethereum and XRP continued consolidating near key price levels. Popular trader Peter Brandt predicts $135,000 Bitcoin price between August/September 2025. Bitcoin, Ethereum and XRP updates Bitcoin maintained its move above the $62,000 psychological level, trading around $62,120 on Wednesday despite $58.2 million in outflows across BTC ETFs, per Farside Investors data.
Crypto exchange Bitfinex could be the only victim and sole recipient of 119,754 BTC the US government seized following a hack on the exchange in 2016. The government is not aware of any person who qualifies as a victim under the CVRA or for restitution under the MVRA , beyond perhaps Bitfinex, US Attorney for the District of Columbia wrote in a Tuesday filing.