Bitcoin held near 62,900 on June 23 as the hype faded but the floor held; the months-long slump is macro-driven, and recovery hinges on the rate story.

Bitcoin is catching its breath, but it is a nervous kind of calm. After a brutal month that knocked it down toward $59,000, the coin has steadied around $64,000, and a weekend…

With ETF outflows persisting and selling "nearly exhausted," analysts say Bitcoin is range-bound and waiting for a catalyst.

Bitcoin held near 62,900 on June 23 as the hype faded but the floor held; the months-long slump is macro-driven, and recovery hinges on the rate story.