Coin price today August 1: Bitcoin plummeted to close to $ 64,000 but still closed July in green, altcoins were red

Bitcoin dropped for the 3rd consecutive day.

After hitting a local peak at $70,079 during the recovery on July 29, BTC has reversed to erase almost all of its previous upward momentum.

The leading asset continues to lose 3.5% of its value over the past 24 hours and is currently trading around the $64,000 mark.

However, on a monthly timeframe, Bitcoin closed July with a gain of 2.96%.

Major projects like Popcat (POPCAT), Mog Coin (MOG), Dogwifhat (WIF), Mantle (MNT), Book of Meme (BOME), Bonk (BONK), THORChain (RUNE), Bittensor (TAO), Core ( CORE), Solana (SOL), The Sandbox (SAND), Neo (NEO), Starknet (STRK), Injective (INJ), Jupiter (JUP), Hedera (HBAR), JasmyCoin (JASMY), Render (RNDR), XRP (XRP), ORDI (ORDI), The Graph (GRT), Cardano (ADA)… lost 4-9%.

Ethereum (ETH) plunged for the second day in a row, returning just below the $3,200 mark.

ETH lost nearly 3% of its value and is trading around $3,190 at the moment.