Bitcoin slipped to around $62,000 after rebounding from last week's $57,700 low, while CryptoQuant says improving demand, seasonality and valuation support further gains, though its bearish Bull Score Index suggests the move remains a bear-market recovery rather than a full trend reversal.

Bitcoin held above $63,000 on July 5, its highest in over a month, as a friendlier rate outlook carried the July rebound through thin holiday trading.

Bitcoin reclaims $64K amid July volatility, liquidating $418 million across the crypto market. Bitfinex analysts say it have bottomed.