Bitcoin (BTC) is trading at $62,350 on Monday, marking a further decline from the previous session.
The move underscores the continued volatility in the digital asset market, with the leading cryptocurrency struggling to maintain the modest footing it found earlier in the week.
The current level represents a pullback from the breakout seen on Friday, July 3, when Bitcoin traded at $61,809 after exiting a consolidation range.
The price action follows a brief recovery attempt on Wednesday, when BTC touched $62,689, up 0.59% from the prior close.
That rebound, however, failed to sustain momentum, and the asset has since drifted lower.
The current level represents a pullback from the breakout seen on Friday, July 3, when Bitcoin traded at $61,809 after exiting a consolidation range.
Market participants are watching whether the $62,000 level can hold as support.