Bitcoin (BTC) drifted lower on Thursday as trading activity cooled and risk appetite remained fragile, highlighting a market still searching for a clear directional catalyst.
As of 2:23 p.m. KST on Aug. 7 (1:23 a.m. ET / 5:23 a.m. UTC), Bitcoin was trading at $64,204, down 1.02% on the day. The pullback came alongside a sharp decline in turnover, suggesting that neither aggressive dip-buying nor capitulation selling is dominating—an environment typically associated with indecision and cautious positioning.
Spot trading volume totaled roughly $18.02 billion, down 19% from the prior day. The… Read more
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