Bitcoin price nears $64K as 32,000 BTC hits exchanges
Bitcoin price rebounded toward $63,900 on Aug. 3 after briefly falling near $62,300, but weak spot demand and fresh short-term holder losses continue to limit its recovery.
Bitcoin price recovers from $62,300
According to data, Bitcoin (
$BTC ) price traded at $63,894 at the time of writing, up 0.51% for the day after moving between $62,300 and $63,993.
The recovery followed a sharp decline toward $62,600 noted in Glassnode’s latest market report. According to the on-chain analytics firm, Bitcoin failed to hold its earlier move above $66,00