Global Stock News

Bitcoin Holds $62K As HYPE And ADA Ignite Weekend Crypto Rebound

Bitcoin Holds $62K As HYPE And ADA Ignite Weekend Crypto Rebound

Bitcoin (BTC) held above $62,000 on Jul. 4 as major altcoins advanced and the broader crypto market recovered from an early-month bout of volatility.

Key Points:

  • Bitcoin traded near $62,500 after gaining about 1.3% over 24 hours and 3.6% over the week.
  • US spot Bitcoin ETFs recorded about $220 million in net inflows on Jul. 2, led mainly by Fidelity products.
  • Hyperliquid, Cardano and XRP outperformed as total crypto market capitalization moved above $2.2 trillion.

Bitcoin Price

Bitcoin stayed in positive territory through most of the past 24 hours. The largest cryptocurrency traded around $62,500, after briefly falling toward $61,500 before buyers pushed it back above the $62,000 level.

Bitcoin also reached an intraday high near…

Source link

Share this article

Scroll to Top