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Bitcoin Price Surges Above $60,000 as Traders Eye July Relief Rally
Bitcoin's price rallied above $60,000 at the start of July, with traders anticipating a relief rally throughout the month.

Bitcoin's price rallied above $60,000 at the start of July, with traders anticipating a relief rally throughout the month.

Despite a relief rally lifting Bitcoin and Ethereum from weekly lows, persistent bearish derivatives positioning and negative CVD signal a fragile rebound.