
Cryptocurrencies rebound across the board, with Bitcoin briefly surpassing $62,000 USD

After a significant sell-off in the cryptocurrency market recently, Bitcoin broke through $62,000 this week, resuming its uptrend. Bitcoin surged by over 12%, reaching above $62,000 at one point, significantly higher than the support level of $55,000. Ethereum also saw a surge of over 14%, approaching $2,700. Previously, Bitcoin and Ethereum had led the cryptocurrency market downturn. The market is trying to find a foothold, with the volatile cryptocurrency trading in August being seen as a critical period. Investors are concerned about whether the Federal Reserve will cut interest rates and if the market adjustment will continue. Bitcoin has risen by nearly 44% so far this year
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