According to CoinMeta, the price of Bitcoin rebounded to $63,900 on August 3, after briefly falling to $62,300 earlier. However, weak spot demand and losses among short-term holders continue to limit its recovery. The current price of Bitcoin is $63,894, representing a 0.51% increase for the day. According to the latest market report from Glassnode, Bitcoin failed to maintain a price above $66,000, and the market is in a consolidation phase. 32,000 BTC were traded into exchanges at a loss within a single day, marking the largest short-term holder liquidation event in the past 30 days.