Bitcoin traded 50% below its all-time high level of $1,26,198 and struggled below the $62,000 mark on Wednesday as geopolitical uncertainty weighed on crypto sentiment. The cryptocurrency was trading at $61,380 mark.
In the past 24 hours, Bitcoin and Ethereum were down 2% each respectively. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano corrected up to 8%.