Bitcoin (BTC) trades around $63,000 on Monday, edging higher after a 3% decline last week. Risk-off sentiment persists in the crypto market amid Israeli attacks on Lebanon and US plans for fresh sanctions on Iran. Still, Worldcoin (WLD) and World Liberty Financial (WLFI) are extending their near-term gains, emerging as top performers over the last 24 hours.

CoinMarketCap’s Fear and Greed Index at 37 on Monday suggests a persistent risk-averse condition among crypto investors.

Technical outlook: Will Bitcoin hold its ground near $63,000?

Bitcoin maintains a bearish near-term bias as it trades below the 50-day Exponential Moving Average (EMA) near $64,306, supported by the former rising support…