Lighter Jumps 13.5% as Bitcoin Rebounds to $62,800 and Altcoin Gauge Hits 52
Updated
Updated · CoinDesk · Jul 6
Lighter Jumps 13.5% as Bitcoin Rebounds to $62,800 and Altcoin Gauge Hits 52
1 articles · Updated · CoinDesk · Jul 6
Summary
$62,800 bitcoin marked a sharp rebound from its July 1 drop below $58,000, while ether recovered to $1,760 from last week’s roughly $1,550 low.
Lighter’s LIT token led the risk appetite shift, rising 13.5% in 24 hours and more than 50% in a week as its derivatives exchange logged $40 billion in 30-day volume.
52/100 on CoinMarketCap’s Altcoin Season indicator was the highest in three months, though the market remained uneven with some tokens still posting fresh daily and weekly losses.
Derivatives signals stayed mixed: open interest was mostly flat across major coins, implied volatility kept falling, but BTC and ETH puts still traded above calls despite a narrower downside skew.