The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Bitcoin initiated a recovery wave above $62,000 following its worst weekly drop since the FTX collapse, which saw prices hit a cycle low below $59,000. The cryptocurrency stabilized around $63,259 with a 0.33% 24-hour gain, as the total crypto market cap rose to $2.18 trillion. Currently, BTC is consolidating as it attempts to clear the $64,500 resistance zone for further upward momentum.