Bitcoin trades near $63,000 as falling oil prices ease inflation worries; weak flows limit recovery

NewsMon, 03 Aug 2026 12:25:19 UTC1 hour ago
Bitcoin trades near $63,000 as falling oil prices ease inflation worries; weak flows limit recovery
Bitcoin traded near $63,000 as easing oil prices reduced inflation concerns, but weak institutional inflows and subdued spot activity capped gains. Ethereum and major altcoins declined, while analysts cited cautious investor sentiment, tighter liquidity and continued market consolidation.
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