Bitcoin stabilized near $62,000 after a brief dip to $61,300, posting a modest 1.5% daily rise—far weaker than the approximately 3% surges seen on July 1–2.
Key Takeaways:
Bitcoin rebounded to $62,000 in early July after a sharp drop to a year-to-date low of $57,735. Crypto derivatives liquidations plunged to $31 million, stabilizing the broader $2.2 trillion market.An analyst warns a drop to $58,000 could trigger $2 billion in forced selling next.
