Bitcoin dropped to $62,400, its lowest level in 17 days, before recovering to around $63,000. BTC’s market cap fell to $1.265 trillion, while the total crypto market cap shed roughly $30 billion in a single day to $2.260 trillion. Two altcoins outperformed with double-digit gains: BEAT surged 22% to $4.60 and MemeCore (M) rose 11% to $1.10. In contrast, large-cap altcoins like HYPE, UNI, and AAVE posted losses ranging from 5% to over 6%.
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