Bitcoin's (CRYPTO: BTC) drop to $62,000 resembles previous crypto winter bottoms rather than a structural breakdown in the asset class, according to Bitwise Chief Inve

Bitcoin dropped towards $65,000 on Wednesday as crypto markets face a wave of ETF outflows, more than $1 billion in liquidations, and worsening fear sentiment.

Bitcoin drops 50% from its all-time high amid a market downturn. Bitcoin above $62K by June 9, 2026 at 57.9% YES.