Bitcoin Price Plunges Below $64K as Sellers Retain Control

Bitcoin's price dropped below $64,000 on Monday, July 27, approaching the $63,000 support zone.

The decline intensified short-term selling pressure after the asset lost about 2.7% over 24 hours, according to CoinMarketCap data, which showed Bitcoin trading near $63,200.

Traders are watching the $63,000 level closely, as a break below it could expose the $61,000 support region and put recent buyers under renewed pressure.