Bitcoin Stalls Twice Inside the $62K-$64K Range While Larger-Cap Alts Turn Green

NewsTue, 04 Aug 2026 12:24:37 UTC1 hour ago
Bitcoin Stalls Twice Inside the $62K-$64K Range While Larger-Cap Alts Turn Green

TL;DR

  • Bitcoin rebounded from $62,200 toward $64,200 but failed twice inside the $62,000-$64,000 range, leaving control unresolved between buyers and sellers.
  • ADA, AVAX and DOT rose more than 5%, while HYPE, ZEC, ETH, SOL, BNB, DOGE and XMR also advanced during the broader recovery.
  • BEAT plunged 20% as crypto capitalization recovered $40 billion to $2.24 trillion, while low volatility and concentrated options suggested a larger move.

Bitcoinโ€™s latest rebound stalled twice inside the $62,000-$64,000 range, leaving the market caught between recovering demand and persistent selling near resistance. After revisiting $62,200 on Monday, BTC climbed toward $64,000 within hours and briefly touched about $64,200 before retreating nearly $1,000. The two rejected boundary tests showed that neither buyers nor sellers have secured control of the short-term range. Positive flows into spot Bitcoin exchange-traded funds may have supported the rebound, while fading concern around recent wallet losses and corporate selling helped stabilize sentiment without producing a decisive breakout.

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