Bitcoin Rallies Over $65,000 Following $700 Million Asian Market Dip

Bitcoin experienced a sharp recovery, climbing above $65,000 after a $700 million sell-off in Asia led to a dip to $60,033.

Bitcoin has made a remarkable rebound, rising back above the $65,000 threshold after enduring a significant $700 million sell-off in the Asian markets.

During late trading hours in the U.S., the cryptocurrency saw a decline of up to 4.8%, plummeting to approximately $60,033. However, it managed to recover swiftly, reaching a peak of $65,926 shortly thereafter.