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Bitcoin consolidates at $62,600 after a slide from $64,400 to $61,800, with $283 million in 24-hour liquidations skewed 74-26 toward longs. South Korea's KOSPI lost 10% since Friday, driving Upbit trading volume up 1,426% as investors rotate back into crypto. Options markets show a softening put/call ratio of 58/42 and DVOL at 37.43 near multi-year lows.
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Summary by ByteBrief
Bitcoin nears $64,000 on chip rally, yen strength