Crypto bounces back from the brink as altcoin optimism returns despite pockets of weakness

Crypto markets are rebounding with Bitcoin holding steady at $62,800, a significant recovery from last week's lows of $58,000. Meanwhile, altcoins are gaining traction, with LIT surging 50% and the Altcoin Season indicator hitting its highest reading in three months, fueling optimism about the sector's prospects despite lingering pockets of weakness.