Bitcoin (BTC) Price Rebounds to $64,000 as White House Crypto Meeting Looms

TLDR
- Bitcoin rose 2.3% on Monday to $64,282, recovering after a nearly 3% drop last week
- President Trump is expected to attend a White House crypto innovation committee meeting Wednesday
- Spot Bitcoin ETFs saw nearly $390 million in outflows last week, the worst since early July
- Bitcoin’s implied volatility dropped to the 2nd percentile of its historical range
- Key price levels to watch: resistance at $64,700 and support at $62,200
Bitcoin bounced back on Monday, rising 2.3% to $64,282 after a rough week that saw the world’s largest cryptocurrency lose nearly 3%.
The rebound came as traders looked ahead to a White House meeting scheduled for Wednesday, where President Trump is expected to sit down with crypto industry leaders as part of his administration’s new innovation committee.
The meeting will include crypto CEOs, prediction market leaders, and representatives from traditional finance and AI. It is followed by a Thursday session at the Commodities Futures Trading Commission, which oversees the committee and is expected to discuss further crypto regulation.
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