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Bitcoin Reclaims $62,000 as Altcoin Weakness Persists

Source
Suehyeon Lee

Summary

  • Bitcoin posted a modest rebound, reclaiming the $62,000 level.
  • On Binance's USDT market, Bitcoin traded at $62,130, up 0.44%% from a day earlier.
  • Weakness in major altcoins including Ether and XRP persisted.

Forecast Trend Report by Period

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Photo: Shutterstock
Photo: Shutterstock

Bitcoin edged higher, reclaiming the $62,000 level.

As of 10:17 a.m. on June 11, Bitcoin was trading at $62,130 on Binance's USDT market, up 0.44% from a day earlier. On Upbit's won market, it traded at 93.451 million won, up 0.92%.

Major altcoins, including Ether, remained weak. Ether traded at $1,639.15 on Binance's USDT market, down 0.31% from a day earlier, while XRP fell 2.54% to $1.1079.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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