Bitcoin fell below $US63,000 on June 24 as heavy liquidations and weak investor sentiment pressured the broader crypto market. More than $575 million in leveraged positions were reportedly erased within 24 hours, while the Fear and Greed Index dropped to 23, signaling extreme fear among traders. Despite the downturn, some investors continued accumulating assets, while institutional activity remained visible. Pepeto also reported raising more than $10.3 million during its presale, attracting attention as traders searched for alternatives during uncertain conditions.