Bitcoin Recovers 7.2% to $67,623 After Largest One-Day Drop Since FTX Collapse

Bitcoin recovers 7.2% to $67,623 Friday after the largest one-day drop since the FTX exchange collapse in October 2025, retaking half of its October peak跌幅. The session briefly threatened to fall below $60,000 for the first time since October 2024. Ether gains 5.1% and Solana 4.5% amid broader volatility. The BTC Volmex Implied Volatility Index surges to 97% from 57% as $2.1B in bullish bets are liquidated in 24 hours. Bitcoin’s MVRV trade suggests structural weakness, with traders closely watching if it can hold $60,000; a failure could test the mid-$50,000 range.