Bitcoin Drops Below $63K on Profit Taking as SafePal's SPF Gets Points Boost
Briefly

Bitcoin's recent decline below $63,000 follows a period of profit-taking, indicating market corrections after a rally in cryptocurrency prices.
QCP Capital's insights highlight that the options market shows bullish sentiment, but the absence of explosive upward movements suggests caution among investors.
SafePal's recent SFPlus release has positively impacted its SFP token, boosting its value by 8%, showcasing how new offerings can stimulate interest in crypto projects.
The overall crypto market has experienced a broad decline, with major tokens, including BTC and ETH, witnessing decreases between 1.4% to over 4%, influenced by both profit-taking and external events.
Read at Coindesk
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