Bullish

BTC Price Drops 2.97% in 24 Hours, Falling Below $63,000

2026-07-31 22:05:02

BTC trades at $62,988.1 after a 2.97% daily decline, breaking below the $63,000 support level amid continued downward pressure.

Woofun AI data shows that BTC/USDT is currently priced at $62,988.1, reflecting a 24-hour decline of 2.97%.

WOOFUN AI

Impact Assessment · Quick Read

The breach of the $63,000 psychological support level may trigger further short-term selling pressure as traders reassess near-term price targets. A sustained stay below this threshold could test lower support zones, potentially increasing volatility in the broader market.

Generated by WOOFUN AI · For reference only, not investment advice