Live updates: Traders say bitcoin sell-off from $65,000 points to thin volume, not panic selling

According to CoinDesk, bitcoin experienced a decline from $65,000 to around $62,600 this week, attributed more to a lack of market activity than panic selling. Analysts noted that there has been a significant decrease in trading volume, with notable net outflows from ETFs, and some traders are pausing their buying activities. Additionally, a security breach involving a Coldcard firmware vulnerability led to the theft of approximately 1,367 BTC, prompting some users to return coins to exchanges. Read the full story at CoinDesk . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.