Bitcoin bounces off 21-month low, but leverage data signals caution: Was $57K the bottom?
Bitcoin (BTC) traded as high as $60,200 on Wednesday, up about 2.7% over the past 24 hours after falling to a 21-month low of $57,737 earlier in the session. Ether (ETH) and Solana (SOL) also gained, up 3% and 4.85%, respectively.The bounce took place amid deep investor caution, with sentiment trac…