Bitcoin Surges Past $62k as Crypto Market Hits $2.15 Trillion

The total cryptocurrency market capitalization has surpassed $2.15 trillion as Bitcoin's price approaches $63,000.

This milestone comes after significant liquidations totaling $100 million over the last four hours.

Yesterday saw a substantial inflow of $221.72 million into Bitcoin ETFs, marking the largest such influx in nearly two months.

The market's performance continues to follow historical trends, with July exhibiting historically positive momentum, as seen in 2018, 2022, and 2026, all of which were midterm election years.