Bitcoin Reclaims $63,000 on Thursday After 3% Slide Amid U.S.-Iran Tensions

BTC1.40%
According to Coinglass data, bitcoin recovered to $63,000 on Thursday (July 9) after dropping over 3% following U.S.-Iran military clashes. Over $52 million in liquidations were recorded across long and short positions as Brent crude oil retreated below $76 per barrel. Bitcoin traded just above $62,700 at the time of writing, maintaining a 1% gain over the preceding 24 hours, with the cryptocurrency's market capitalization reaching nearly $1.26 trillion.
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