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Bitcoin rebounds above $62K, easing fears of deeper correction as crypto market stabilizes.

Market News
06 Jul 2026, 15:26 WIB
Tokenpost
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Bullish
Bitcoin rebounds above $62K, easing fears of deeper correction as crypto market stabilizes.

Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major cryptocurrencies gained, altcoins showed mixed results with some like Lighter's LIT token rising sharply, while others like Cardano and Morpho declined. Market volatility indicators suggest calmer price action ahead, and trading activity remains steady despite the U.S. holiday period.

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