BITCOIN BOUNCES AFTER 50% CRAS

BITCOIN BOUNCES AFTER 50% CRASH

Bitcoin rebounded nearly 6% after briefly falling more than 50% from its October peak, touching near $60,000 before climbing back to around $65,700.

The selloff was driven by liquidations and leveraged position unwinds, not a clear fundamental trigger. Ether and Solana also dropped sharply before recovering.

Volatility has surged, ETF outflows hit $434 million, and over $2 billion in crypto positions were liquidated. Traders are now watching whether Bitcoin can hold the $60,000 level — a break could push prices into the mid-$50,000s

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