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Crypto

Bitcoin Breaks Through $63,000 as Tensions Ease

Guavy AI Editorial Team
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BTC
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Bitcoin's price surged to $63,815 on August 3, rising 1.41% in the last 24 hours and 1.23% over the past week.

The gains came as global markets assessed easing US-Iran tensions, which led to lower crude oil prices and boosted equities.

Crypto analysts say that despite the rally, crypto markets remain in a narrow range, with some speculating that stronger US manufacturing data may keep liquidity flows restricted into digital assets.

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