BTC touched its lowest level since September 2024 before bouncing to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.

Bitcoin trades under $63,000 ahead of PCE data Thursday on, which analysts say is the market's next key test.

Trading firm Wintermute's options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation rising across tokens and no fresh ETF bid in sight.