Bitcoin hits $87K amid ETF inflows; Fed proposes stablecoin rules; Bitget halts withdrawals after $351M breach - Pluang

Bitcoin traded at $87,000, supported by continued inflows into exchange-traded funds. Sustained ETF demand matters because these vehicles give institutional and retail investors a regulated route to bitcoin exposure, and their flows are closely watched as a gauge of broader appetite for the asset class.

Separately, the Federal Reserve proposed rules for stablecoins, a move that could shape how dollar-pegged tokens are issued and supervised in the United States. Clearer federal guidance has long been a focus for market participants, since regulatory uncertainty has weighed on stablecoin issuers and the wider digital-asset sector.

In the same period, crypto exchange Bitget halted withdrawals following a $351 million breach. The incident highlights operational and security risks that remain central to how exchanges are assessed. For observers, the key items to watch are whether ETF inflows persist, how the Fed's stablecoin proposal develops, and how Bitget responds to the breach.