BTC price drops to $62,000
Bitcoin prices have corrected slightly after surging to $60,000 in sync with global stock markets.

Bitcoin prices have corrected slightly after surging to $60,000 in sync with global stock markets.
Bitcoin dips briefly before rebounding; gains driven by China's rate cut and U.S. market anticipation.
Bitcoin surged to $64,267, marking a new yearly high, fueled by institutional interest and ETF approvals. Ethereum followed suit, surpassing $3,500 amid optimism surrounding DeFi and Ethereum 2.0. Increased trading volume and institutional interest further bolstered market sentiment, impacting altcoins as well.
Ethereum surges near $3,000, signaling investor confidence. Solana struggles below $120, faces technical challenges. Dogecoin battles resistance at $0.08 but shows resilience with increased volume.
Scott Melker believes that during the last halving cycle, the price of Bitcoin rose from a high of $20,000 to a high of $69,000, an appreciation of 250.86%. If a similar trend emerges, “Bitcoin will be at $240,000.”
Data shows pro traders are slightly skeptical of the strength of Ethereum’s rally after ETH price sold off at the $2,000 resistance.
A casual dash over the $25,000 mark is fully retraced as weekend trading produces some classic volatility.