Investing.com -- Bitcoin hovered around the $64,000 level Saturday evening, paring declines following weakening stablecoin inflows that pointed to subdued demand for cryptocurrency assets. Bitcoin was trading at $64,360 as of 17:00 ET (21:00 GMT) and had ranged between approximately $63,703 and $65,396 during the session. The calculation combines $55.6 billion of Bitcoin holdings and $3.2 billion in cash before subtracting $22.3 billion in convertible debt and preferred-stock claims. World no.2 crypto Ether gained 0.6% to $1,832, while XRP gained 0.72% to $1.09. Related articlesBitcoin price hovers at $64,000 as stablecoin inflows weakenBitcoin eyes $72,000 as governance and mining concentration concerns growBitcoin recovers toward $65k after sliding on AI shock, crypto bill doubts