Bitcoin Holds Steady Near $62,800 as August Trading Begins

Bitcoin's price action in August began near the $62,800 to $63,100 range, reflecting a roughly 2% decline from the prior session after a softer close to July.

The leading cryptocurrency held above the widely watched $60,000 level despite a mix of market pressures.

July had delivered a solid recovery of nearly 7.5%, lifting prices from the lower levels seen in June near the $58,000 to $60,000 zone.

A coldcard firmware vulnerability affecting certain hardware wallets drew attention but had limited market effect.