Bitcoin trades near $64,150, up 1.05% through today's session.
Ethereum holds above $1,890, gaining 0.35% over the past day.
Hyperliquid leads weekly gainers, up more than 7% over seven days.
Bitcoin traded near $64,150 today, holding steady after last week's dip below $63,000. Ethereum stayed firm above $1,890, keeping broader altcoin sentiment on a solid footing. Trading desks flagged consistent spot demand across both assets through the session.
Fed rate expectations continue to shape crypto positioning heading into September. A White House meeting with major crypto executives added fresh attention to Washington policy. Traders now track legislative developments closely for the next clear directional signal.
Bitcoin traded at $64,150.87, up 1.05% over the past 24 hours based on live CoinMarketCap data. Its market capitalization stood at $1.28 trillion. Trading volume over 24 hours reached $21.13 billion. Bitcoin has gained 0.38% over the past seven days, holding within a tight range.
Here is today's Daily Quote from leading crypto market analysts on Bitcoin's near-term structure.
Prateek Gupta, Head of Business at Mudrex, shared that Bitcoin broke out of its recent $63,000 range this week. September rate hike expectations fell near 30%, down sharply from late July levels. Weak retail sales and a softer labor market drove this shift.
He further mentioned on-chain data points to renewed selling pressure building up. Santiment data shows investors returned 84% of coins withdrawn earlier this month. Gupta placed $61,000 as key support, with $65,000 as immediate resistance.
CoinSwitch's Markets Desk noted BTC climbed from $63,000 toward $64,300 as buyers stepped in early. Bitcoin later reclaimed the $63,500 to $64,000 zone through the session. Ongoing US-Iran tensions around the Strait of Hormuz kept oil prices elevated.
He further added spot Bitcoin ETFs recorded near $390 million in net outflows last week. Attention now turns to delayed CLARITY Act talks and fresh regulatory discussions. Near term, $64,000 stands as key support, with $64,500 as resistance.
Riya Sehgal, Research Analyst at Delta Exchange, said crypto markets recovered but the move looks like a rebound. Bitcoin rose from the low $63,000 region toward $64,500 within a session. Derivatives volume more than doubled, with liquidations exceeding $200 million.
She further explained open interest rose only slightly during the move higher. This suggests short covering drove part of the rebound rather than fresh leverage. Sehgal flagged $64,500 to $65,200 as the key resistance zone ahead.
Also Read: How Do Bitcoin ETFs Work? A Complete Beginner’s Guide
Vikram Subburaj, CEO of Giottus, shared that Bitcoin traded close to $64,170, up near 1.9%. A Reuters poll showed 90% of economists expect the Fed to hold rates in September. Markets now await fresh meeting minutes for further policy signals.
He further noted that preliminary Bitcoin ETF inflows reached $137.3 million in a single session. Subburaj advised investors to avoid chasing short-term rallies through staggered buying. Low leverage and disciplined position sizing remain preferable until demand confirms a breakout.
The broader market holds a steady, range-bound tone today. Here is how the top 10 coins by market capitalization stand, based on live CoinMarketCap data.
| Rank | Name | Price | 24h % | Market Cap | Volume (24h) |
|---|---|---|---|---|---|
| 1 | Bitcoin (BTC) | $64,150.87 | €0.01 | $1.28T | $21.13B |
| 2 | Ethereum (ETH) | $1,894.36 | €0.00 | $228.61B | $7.31B |
| 3 | Tether (USDT) | $0.9989 | €0.00 | $182.94B | $43.79B |
| 4 | BNB (BNB) | $602.90 | €0.01 | $80.28B | $983.19M |
| 5 | USDC (USDC) | $0.9998 | 0.00% | $71.83B | $7.52B |
| 6 | XRP (XRP) | $0.9957 | 0.0066 | $62.41B | $958.44M |
| 7 | Solana (SOL) | $75.81 | 0.004 | $44.19B | $1.40B |
| 8 | TRON (TRX) | $0.3315 | 0.0018 | $31.46B | $412.25M |
| 9 | Hyperliquid (HYPE) | $59.27 | 0.0055 | $14.96B | $241.14M |
| 10 | Dogecoin (DOGE) | $0.06983 | 0.00 | $11.95B | $300.51M |
Biggest Gainers: XRP, BNB, DOGE
XRP led today's top 10 gainers, up 0.66% over the past 24 hours. BNB followed with a 0.50% advance on steady spot buying. Dogecoin also posted a firm 0.47% rise through the session.
Biggest Losers: None
Every coin in today's top 10 traded flat to higher over the past 24 hours. Stablecoins USDT and USDC held their peg near parity. No major decliners appeared among today's largest cryptocurrencies.
Fed rate expectations and White House crypto talks stand as today's biggest catalysts. Legislative gridlock and shifting ETF flows add further weight to sentiment.
Ethereum's staking ratio climbed to an all-time high near 34.4%, locking over 40 million ETH in proof-of-stake consensus. This signals long-term holder conviction despite choppy short-term price action this month.
Some analysts flagged liquidity questions tied to such a large locked supply. Reduced circulating supply could still support prices if demand strengthens through the remainder of the year.
Galaxy Research cut the odds of the CLARITY Act passing this year to just 10%, down sharply from 75% in May. Senators return in September facing limited floor time and unresolved political disputes across the chamber.
President Trump is expected to meet crypto executives from Coinbase, Ripple, Gemini and Robinhood this week. The summit collides with fading legislative momentum, leaving Bitcoin stuck between political optimism and stalled Senate math.
US spot Bitcoin ETFs shed roughly $389.7 million during the week of August 10, their heaviest weekly redemption since late June. The outflows erased most of the prior week's $853.5 million inflow gain.
BlackRock's IBIT fund still carries the largest share of institutional capital among issuers. Ether funds saw milder selling by comparison, suggesting spot demand continues absorbing broader institutional caution steadily.
The SEC unexpectedly canceled its scheduled vote on crypto startup exemption rules, citing scheduling constraints. The delay leaves capital-raising clarity in limbo for smaller digital asset issuers and platforms.
Analysts note the SEC and CFTC continue building policy through rulemaking rather than legislation. This approach offers faster relief but weaker permanence, since future administrations could reverse agency guidance quickly.
Binance confirmed it will halt transaction processing for HTX and ten additional trading platforms starting August 23. The exchange cited new regulatory mandates and sanctions enforcement requirements across international jurisdictions.
Platforms affected include several regional exchanges facing tightening compliance pressure this year. The move reflects a broader industry shift toward stricter sanctions screening among centralized trading venues globally.
A Reuters poll found 90% of economists expect the Federal Reserve to hold rates steady next month. Softer retail sales and labor data pushed rate hike odds down sharply this month.
Markets now await the Fed's latest meeting minutes for additional policy direction. A dovish tone could extend support for Bitcoin and broader risk assets through coming sessions.
Ongoing US-Iran tensions around the Strait of Hormuz continue pushing oil prices higher this week. Elevated energy costs keep inflation risks in focus, complicating the broader monetary easing outlook.
Traders are watching Treasury yields and equity markets closely for spillover effects. Continued uncertainty could cap Bitcoin's upside until clearer geopolitical signals emerge from ongoing negotiations.
Zcash surged 4.32% over the past day, outperforming most large-cap tokens by a wide margin. Renewed interest in privacy-focused assets has driven the rally alongside broader altcoin strength.
Monero also gained ground, rising 5.25% over the past week on similar demand. Analysts note privacy coins often rally when institutional and regulatory scrutiny across the sector intensifies.
Also Read: Crypto News Today: Bitcoin Sees Outflows, Solana Treasury Grows, ETF Advances
Bitcoin holds near $64,150 as traders weigh Fed rate bets against a fading CLARITY Act timeline. A close above $64,500 could open a path toward stronger resistance near $65,200. A slip below $63,500 risks exposing the $61,000 support region next.
Ethereum's hold above $1,890 adds a constructive signal for broader altcoin sentiment this week. Stalled legislation and the White House crypto summit keep regulatory headlines in sharp focus. Fed commentary and ETF flow continuity remain the two catalysts traders are watching most closely.
What is the Bitcoin price today?
Bitcoin trades near $64,150.87, up 1.05% over the past 24 hours through today's session. Resistance builds near $64,500 and $65,200, while support sits near $63,500, based on levels shared across major trading desks and analyst commentary today.
Why did Bitcoin move higher today?
Steady spot demand and falling rate hike odds supported Bitcoin's hold above $64,000. Ethereum's steady footing above $1,890 also lifted broader sentiment. Traders remain cautious ahead of fresh Federal Reserve meeting minutes and Washington policy signals this week.
What is the biggest crypto news today?
The White House crypto summit and collapsing CLARITY Act odds stand as today's dominant headlines. ETF outflows, a delayed SEC vote, and Binance's exchange restrictions add further important context to today's broader market sentiment.
Which coins are performing best today?
XRP leads today's top 10 gainers near 0.66%, followed by BNB and Dogecoin. No coin among the top 10 posted a decline today, with stablecoins USDT and USDC holding steady near their peg.
What should investors watch this week?
Track Fed meeting minutes, Bitcoin ETF flow continuity, and the White House crypto summit outcome closely. CLARITY Act developments and Strait of Hormuz tensions could also influence near-term positioning across the broader market.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.