Bitcoin rebounds to $61,742 and Ethereum to $1,652 after $1 billion in 24-hour liquidations

Bitcoin and Ethereum have rebounded from lows of $59,010 and $1,550. BTC has recovered to $61,742, while ETH is at $1,652. The bounce follows $1 billion in crypto liquidations over 24 hours, one of the three largest liquidation events of the past 90 days.