Bitcoin must defend $62,500 as altcoins lose $8.8 billion in a week

Bitcoin enters the weekend trading near $62,500 to $64,300, keeping the intraday low as the market's clearest immediate threshold. That level's defense and the behavior of Ethereum, HYPE, and the broader altcoin market present a combined test this weekend of whether Bitcoin can hold $62,500 as the rest of the market starts closing the distance. […] The post Bitcoin must defend $62,500 as altcoins lose $8.8 billion in a week appeared first on CryptoSlate.