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2026-08-03T00:00:00.000Z

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Bitcoin falls below $63K

Bitcoin falls below $63K

Bitcoin prices declined by 1%, reaching approximately $62,829. The drop was influenced by a major security breach in digital wallets, where the company "Covina Kait" stole around $90 million from more than 4,500 Bitcoin wallets. Despite falling oil prices and the resumption of negotiations between the United States and Iran, market uncertainty increased. Additionally, other companies released earnings results below expectations, further clouding the market outlook. The cryptocurrency was also affected by decreased interest and a shift toward assets linked to artificial intelligence, with Ethereum dropping by 1.2%.

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