Bitcoin Price Struggles Below $65,000 Amid Market Caution

The Bitcoin price has been struggling below $65,000 as traders await fresh market cues. The cryptocurrency slipped to around $64,358 on August 7, down 0.26 percent over the last 24 hours and up 0.27 percent in a week.

According to crypto analysts, BTC remains range-bound between $64,000 and $65,000 after briefly testing the upper end of the range but failing to hold above it.

The repeated rejections near $65,000 indicate continued selling pressure, while broader sentiment stayed cautious as markets awaited clearer geopolitical and macroeconomic signals.