Bitcoin has rebounded from levels below $60,000, though the crypto crisis isn’t over. The rebound followed a slide that wiped out all of its gains since President Donald Trump’s election win about 15 months ago.
Bitcoin had lost half of its value as of late Thursday afternoon. Bitcoin was rebounding after tumbling early Friday to around $60,000, erasing the gains built since President Donald Trump’s election win about 15 months ago. Bitcoin has rebounded from levels below $60,000, signaling a tentative recovery as traders weigh a broad crypto selloff that has clipped gains across several tokens.
Bitcoin, Ethereum, and XRP have all tumbled in recent days amid the selloff, underscoring ongoing volatility in the crypto market. The broader trend remains unsettled as traders weigh liquidity and macro headlines that could spark further moves.
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