Analyst: Bitcoin price falls, Iran refuses to negotiate, support at $62,000 at risk
2026-08-03 17:30:44
According to CoinMeta, the price of Bitcoin has fallen due to Iran's refusal to negotiate with the United States, and the current support level of $62,000 is now at risk. Analysts point out that Bitcoin is currently trapped between the $62,000 support level and the $64,000 liquidity range. Over the past 24 hours, the price of Bitcoin has dropped by 1.35%, and the current trading price is around $62,560. The overall crypto market has also weakened, with a total market value falling by 1.14% to $2.15 trillion. Meanwhile, the number of open futures contracts has increased, indicating that traders are increasing leverage, which could lead to greater price volatility.
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Source:Coinpedia
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