📉 BITCOIN REBOUNDS TO $63,000, BUT DOWNSIDE RISKS REMAIN Bitcoin recovered to the $63,000 level on June 8 after briefly falling below $60,000 over the weekend. 📌 Key highlights: • BTC gained approximately 2.8% over the past 24 hours • Ethereum rose more than 6%, while BNB reclaimed the $600 level • Total crypto market capitalization recovered to around $2.17 trillion • More than $7 billion in leveraged positions were liquidated during the past week However, on-chain data suggests the market may not have reached a definitive bottom yet. Bitcoin has declined roughly 17% over the past week, marking its worst weekly performance since mid-2024. Analysts note that selling pressure remains significant as many investors continue to realize losses, while total realized losses in the current cycle have yet to reach levels seen during the 2022 bear market. #Bitcoin #BTC #Crypto #Ethereum #Blockchain #DigitalAssets #CryptoNews #GlobalCryptos