Published on 6/20/2026
Bitcoin rose above the level of $63,000 on Saturday, recovering from losses recorded over the past days, with investors evaluating regulatory developments in a number of major markets and continued institutional interest in digital assets, according to the Investing.com platform.
The world’s largest cryptocurrency rose by about 1.7% to $63,453, after it fell earlier in the week below the $63,000 level, in light of a wave of volatility that followed the recent US Federal Reserve meeting.
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Investing.com reported that more than $450 million of leveraged investment positions in the cryptocurrency market were liquidated last week, with purchasing positions accounting for the bulk of the losses.
Despite the recent recovery, caution remained in the mood of traders, as options market transactions showed continued demand for downside hedging tools, while futures positions indicated investors’ readiness for more volatility in the near term.
At the same time, investors continued to follow the offering of preferred shares of the company “Strategy”, which has received widespread attention within the digital assets market during the recent period.
Broad gains for cryptocurrencies
Other major cryptocurrencies recorded collective gains, as Ethereum rose by about 2.1% to $1,725, while Ripple rose by more than 2%.
Solana also jumped by about 4.6%, Cardano rose by 2.2%, while BNP added about 2.7%.
As for Dogecoin, it rose by about 2.2%, while Trump’s digital currency fell by about 0.7%.
Investing.com believes that these developments reflect the growing presence of digital assets in regulatory and financial discussions around the world, despite the continuing short-term fluctuations in the markets.
