Bitcoin climbed back above $62,000 on Thursday, July 2, for the first time in over a week, powering a broad crypto market rally that wiped out $400 million in short positions and left bearish
Bitcoin climbed back above $62,000 on Thursday, July 2, for the first time in over a week, powering a broad crypto market rally that wiped out $400 million in short positions and left bearish traders nursing heavy losses.
The flagship cryptocurrency topped $62,078 on Thursday morning after tumbling to a 21-month low below $58,000 earlier in the week. At a recent price of $61,808, Bitcoin was up roughly 3% on the day and 4% over the past seven days.
