Bitcoin rebounds above $60,000 amid heavy losses and mixed trader bets on crypto stocks.

Bitcoin climbed back above $60,000 after dipping below that level for the first time since October 2024, despite losing about 27% of its value in 2026 and being 50% off its all-time high. Traders remain active in crypto markets, with significant options trades in the iShares Bitcoin Trust ETF and Coinbase reflecting divergent views on the market's direction. One large trade on Michael Saylor's Strategy suggests a bearish outlook, while another on Coinbase signals bullish expectations. Experts highlight Bitcoin's resilience amid broader market challenges and AI-driven skepticism, suggesting potential for recovery.