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Bitcoin Reclaims $63K as July Rebound Gathers Steam

Bitcoin Reclaims $63K as July Rebound Gathers Steam

The crypto price today is starting July on firmer footing. $BTC is trading around $63,148, up 0.70% on the day and 6.09% over the past week, as buyers step back in after a brutal first half. Bitcoin jumped above $63,000, reversing end-June losses and hitting its highest level in over a month during thin July 4 trading, with XRP up 5% in 24 hours to lead gains among majors.

Still, zoom out and the pain is visible: the bitcoin price remains down 27.84% year-to-date. Bitcoin started 2026 above $93,000 but closed June around $60,000 after falling to a fresh 21-month low in the final week of the month.

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Bitcoin price YTD 2026

What is driving the crypto price today?

Two forces are pulling the market in opposite directions.

Why is institutional…

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