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Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood

Likely also hitting prices was the movement of nearly $2 billion of BTC and ETH in wallets linked with Genesis Trading.

Updated Aug 2, 2024, 3:41 p.m. Published Aug 2, 2024, 3:39 p.m.
Risk assets slump across the board on Friday (Michael Nagle/Bloomberg via Getty Images)
Risk assets slump across the board on Friday (Michael Nagle/Bloomberg via Getty Images)