Bitcoin's price fell to $62,984 on August 1, down 1.90% over the past 24 hours and 1.66% for the week.
The total crypto market cap rose to $2.16 trillion but dropped by 1.49% in a day.
Tether reported a net profit of $1.5 billion in Q2, with USDT issuance reaching approximately $184.6 billion and gold reserves rising above 146 tons.
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