Bitcoin climbed about 0.9% toward $65,000 after rebounding from $62,200, but repeated rejection left the market without a confirmed breakout during Thursday's cautious market recovery. Ether rose above $1,900 while many large altcoins declined, reflecting a rotation toward the relative safety of crypto's two biggest assets.
bitcoin developers have used AI tools to find almost 5,000 security vulnerabilities across almost 400 projects in just 24 hours
Cipher sold 1,619 BTC at a $47.7 million realized loss in the first half, while its new rent ramp remains undisclosed.
Large holders may be accumulating for another rally, or averaging down before selling near breakeven.
Thailand's tax exemption could boost crypto investment and innovation, but its reliance on licensed platforms may limit broader market growth. Thailand implements 0% capital gains tax on Bitcoin and crypto for five years.
The potential liquidation could trigger market volatility, impacting Bitcoin's price and influencing other traders' strategies and positions. Bitcoin whale stares down $90M liquidation on massive 1,400 BTC short position.
Bitcoin has moved closer to the $65,000 level in recent sessions, trading in the mid-to-high $64,000 range as of early August 2026.
Arthur Hayes argues an AI credit bubble collapse could force a government bailout that sends Bitcoin soaring.
Bitcoin inflows: US-listed Bitcoin ETFs added $244.4 million Wednesday, pushing their three-day total to $626 million. Market sentiment: Bitcoin rose to $64,744.53, but the Fear & Greed Index stayed at 25, signaling continued caution. ETF divergence: Ethereum ETFs gained $60.9 million while XRP ETFs saw $3.
A key theme this month is not just that bitcoin BTC$64,558.75 isn't taking part in the risk-on rally exemplified by stocks, it's how steady the cryptocurrency has been, to the point that 30-day implied volatility has dropped to a long-held floor of 36%.
Bitcoin price approached $65,000 on Aug. 6 as easing concerns over the Strait of Hormuz and improving technical momentum supported its recovery from the low-$62,000 region. Bitcoin price action today According to data from crypto.
Binance's robust reserves enhance trust in crypto exchanges, potentially stabilizing the market and encouraging broader adoption. Binance proof of reserves shows Bitcoin and Ethereum fully backed at 100.25%.