Bitcoin Reclaims $63,000 as Ethereum Recovers $1,800
Bitcoin reclaimed $63,000 on Saturday, capping a roughly $90 billion addition to the broader cryptocurrency market over the past week. Ethereum also recovered the $1,800 level, marking the asset’s first time crossing that threshold since mid-June. The coordinated price surge triggered approximately $52 million in liquidations for leveraged traders betting against the leading digital assets over a four-hour window.
The rally built momentum after Bitcoin briefly climbed past $62,500 in the early trading session, wiping out more than $200 million in short positions across the market by midday. Aggressive buying on exchanges, including Binance, pushed Bitcoin to a high of $63,052 before consolidating above $63,000. Traders are now monitoring $64,000 as the next key resistance level for the digital asset.
From the sources (12 posts)
@winter_wayn8As Bitcoin climbed to $62,500, more than $200 million in short positions were wiped out across the market in the past 24 hours.
@cryptorover💥 BREAKING: Bitcoin hits $62,500. $200,000,000 worth of shorts liquidated over the last 24 hours.
@cointelegraph🔥 UPDATE: Roughly $90B has been added to Crypto's Total Market Cap in the past 7 days
@bitcoinmagazineJUST IN: Bitcoin pumps to $63,052 🚀
@coingeckoNOW: Bitcoin reclaims $63,000. Will we see $64,000 by Monday?
@kalshi_cryptoJUST IN: Bitcoin reclaims $63,000 15% chance it hits $100,000 this year
@kalshiJUST IN: Bitcoin reclaims $63,000
@maxcrypto$BTC breaks above $63,000. $ETH is about to hit $1,800. $52,000,000 in short positions liquidated in just 4 hours.
@maxcryptoAggressive $BTC buying on Binance right now.
@coingeckoJUST IN: Ethereum reclaims $1,800 for the first time since mid-June.
@kobeissiletterBREAKING: Bitcoin officially reclaims $63,000.
@polymarketmoneyBREAKING: Bitcoin just crossed above $63,000.