Bitcoin recovers to $63,500 after falling below $60,000
Bitcoin prices whipsawed from nearly $73,000 to below $60,000 before rebounding to about $63,500.
The recovery followed easing Iran tensions and a broader risk-on rally in stocks.
A small sale of 32 bitcoins by Michael Saylor’s Strategy had rattled traders, but the recovery helped bitcoin regain ground.
Bitcoin remains roughly 50% below its October 2025 record near $126,000.