Bitcoin Traders Lose $100M as BTC Drops $3K in 12 Hours

AI Summary Bitcoin fell nearly $3,000 on July 31, dropping to an intraday low of $62,369 and slashing its monthly gain from 10% to 4.5%. Market capitalization fell from $1.3 trillion to $1.26 trillion. Federal Reserve Momentum Fades Bitcoin tumbled on the last day of July, shedding nearly $3,000 during a frantic 12-hour period that saw the […] fulltext: 340 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/market-updates/bitcoin-traders-lose-100m-as-btc-drops-3k-in-12-hours/ Source: Bitcoin.com News