Bitcoin Crashes Below $63K: What Sparked Today’s C
#World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #TradFi Trading Strategies Sharing Challenge Bitcoin Crashes Below $63K: What Sparked Today’s Crypto Market Sell-Off?
Bitcoin dropped below $63,000 on Tuesday as technical weakness, institutional outflows, and leveraged selling combined to deepen pressure across the cryptocurrency market.
$BTC traded near $62,491 at press time, down 3% over 24 hours, while the global crypto market value fell 3.47% to $2.14 trillion. Ether lost more than 6%, and BNB declined over 4%, while Solana and HYPE each fell more than 7%.
Bitcoin’s $66K Rejection Puts $62K Support Back in Focus
The sell-off began after Bitcoin climbed toward the $65,500 to $66,100 resistance zone on Monday but failed to secure a breakout.
That rejection reversed short-term momentum and pushed the asset below a five-day ascending support trendline established after prices recovered from the $62,000 region.
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