JUST IN: Bitcoin rebounds above $77,000 after dipping to $63,000 earlier this week

Bitcoin's rapid rebound above $77,000 from $63,000 earlier this week signals a sharp improvement in risk appetite and positioning, likely driven by short-covering and renewed spot demand. The magnitude of the move can tighten liquidity and raise volatility across major crypto pairs, with spillovers to high beta tokens and crypto-equity proxies as traders reprice near-term momentum and leverage conditions.