BTC falls 1.27% to $62,603 amid broader crypto declines, contrasting with improved U.S.-Iran deal prospects.
Bitcoin retreated to $62,603, down 1.27%, on Monday as cryptocurrency markets faced downward pressure despite easing geopolitical tensions. Ethereum also declined 1.33% to $1,850, contributing to a total market cap of $2.23 trillion.
The drop contrasts with optimism over a potential U.S.-Iran agreement, which had supported broader risk sentiment. Bitcoin dominance held at 56.3%, while the Fear & Greed Index remained at 28, signaling persistent market caution.
Altcoins mirrored the decline, though small-cap tokens like Bless and OVERTAKE posted gains of 39.4% and 34.4%, respectively, amid selective investor interest.