{"id":75230,"date":"2026-07-10T18:59:56","date_gmt":"2026-07-10T18:59:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-pushes-above-64k-as-96m-in-bearish-bets-collapse-and-momentum-rebuilds\/"},"modified":"2026-07-10T18:59:56","modified_gmt":"2026-07-10T18:59:56","slug":"bitcoin-pushes-above-64k-as-96m-in-bearish-bets-collapse-and-momentum-rebuilds","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-pushes-above-64k-as-96m-in-bearish-bets-collapse-and-momentum-rebuilds\/","title":{"rendered":"Bitcoin Pushes Above $64K as $96M in Bearish Bets Collapse and Momentum Rebuilds"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">On July 10, bitcoin surged to $64,653, reversing losses from Middle East tensions.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The sudden rally forced a massive $170 million in short liquidations across the crypto market.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitunix Analyst warns bitcoin\u2019s macro trend relies on holding the critical $64,000 level.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Bitcoin Erases Geopolitical Losses<\/h2>\n<p>On Friday, <span>bitcoin<\/span> breached $64,000, entirely erasing the mid-week losses triggered by sudden geopolitical escalations in the Middle East. After trading just under $62,800 on Thursday afternoon, the <span>cryptocurrency<\/span> climbed steadily to hit an intraday peak of $64,653 just after 9:50 a.m. EST.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>Although it dipped slightly below the $64,000 mark at the time of writing (12:35 a.m. EST), <span>bitcoin<\/span> still secured a 2% gain on July 10, pushing its market capitalization back above $1.28 trillion. This rally lifted the broader <span>crypto<\/span> <span>market cap<\/span> to $2.28 trillion\u2014a 1.5% increase over 24 hours.<\/p>\n<p>The sudden upswing caught <span>bearish<\/span> traders off guard, triggering $96 million in short liquidations compared to just $13 million in leveraged longs. Across the wider <span>crypto<\/span> market, a massive $236.50 million in leveraged positions were wiped out, with short liquidations accounting for nearly $170 million of the total.<\/p>\n<p>A tense lull settled over the region following 48 hours of intense U.S. bombardments, which observers classified as some of the heaviest since the conflict began. However, experts warn that this pause in kinetic action is merely a prelude to further escalations. The core trigger remains unresolved, as Washington and Tehran remain deadlocked over fundamentally incompatible interpretations of maritime sovereignty and security protocols within the Strait of Hormuz, as spelt out in the memorandum of understanding.<\/p>\n<p>Consequently, the unremitting uncertainty cloaking this crucial trade artery is expected to exert a sustained drag on global markets, forcing investors to continuously price in supply-chain disruptions and energy price <span>volatility<\/span>.<\/p>\n<p>Meanwhile, the latest Bitunix Analyst report asserts that <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>\u2019s reclaim of the $64,000 resistance level places it at a <a href=\"https:\/\/news.bitcoin.com\/ki-young-ju-bullish-bitcoin-opium-bear-market\/\">critical juncture<\/a>. A sustained breakout above this threshold could signal reviving risk appetite and unlock further upside momentum. Conversely, a failure to defend $64,000 could trigger immediate profit-taking and spark renewed short-term <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatility<\/a>.<\/p>\n<p>While the <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrency<\/a>\u2019s <a href=\"https:\/\/news.bitcoin.com\/short-term-moving-averages-turn-bullish-as-bitcoin-holds-above-62500\/\">recent recovery<\/a> reflects stabilizing market confidence, analysts emphasize that the broader trend remains tightly bound to macro <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a> conditions and broader investor positioning.<\/p>\n<div class=\"not-prose my-3 lg:my-4\"><a aria-label=\"Read Now: Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 flex flex-col md:hidden\" href=\"https:\/\/news.bitcoin.com\/bitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended\/\"><\/p>\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Bitcoin rebounded to test the $63,000 threshold, recovering from a 3% drop to under $61,500. Recovery came despite growing military\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden md:flex md:flex-row md:gap-3 lg:hidden\" href=\"https:\/\/news.bitcoin.com\/bitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Bitcoin rebounded to test the $63,000 threshold, recovering from a 3% drop to under $61,500. Recovery came despite growing military\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden lg:flex lg:flex-row lg:gap-4\" href=\"https:\/\/news.bitcoin.com\/bitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F07%2Fbitcoin-bulls-reclaim-63000-after-3-slide-as-traders-bet-the-sell-off-has-ended-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p><h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Bitcoin Bulls Reclaim $63,000 After 3% Slide as Traders Bet the Sell-Off Has Ended<\/h3>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-12 w-[180px] shrink-0\">Read Now<\/span><\/p>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitcoin rebounded to test the $63,000 threshold, recovering from a 3% drop to under $61,500. Recovery came despite growing military\u2026<\/p>\n<\/div>\n<p><\/a><\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-pushes-above-64k-as-96m-in-bearish-bets-collapse-and-momentum-rebuilds\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways On July 10, bitcoin surged to $64,653, reversing losses from Middle East tensions. The sudden rally forced a massive $170 million in short liquidations across the crypto market. Bitunix Analyst warns bitcoin\u2019s macro trend relies on holding the critical $64,000 level. Bitcoin Erases Geopolitical Losses On [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":75231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75230"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75230"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75231"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}