Bitcoin Back Above $62K as Crypto Market Calms After Reports of Limited Damage From Israeli Attack

“BTC saw high volume and retracement going from 64k to 61k a day before the expected halving event with the ‘sell the news’ most likely being priced in at this point, showcased by a negative BTC funding rate,” Semir Gabeljic, director of capital formation at Pythagoras Investments, wrote in an email interview with CoinDesk.