Traders Push Bitcoin Back Above $62,000 as $31M Liquidations Signal Cooling Volatility
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. Liquidations Drop Sharply Amid Marginal Gains Bitcoin consolidated…
