Bitcoin stabilizes at $62,800 as altcoin optimism hits three-month high

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Bitcoin has recovered to around $62,800 after briefly falling close to $58,000 last week. The broader crypto market is showing renewed confidence, with the Altcoin Season indicator reaching its highest level in three months. Token LIT stood out among altcoins, surging approximately 50% amid the positive sentiment. While some areas of the market remain weak, the overall trend signals a cautious return of investor appetite for riskier digital assets.

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