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Bitcoin trades near $64,283, up 0.66%, holding steady after a choppy week.
BNB led major gainers with a 3.26% rise, followed by Hyperliquid at 3.28%.
ETF inflows returned this week, though the CLARITY Act remains stalled in the Senate.
Bitcoin held near $64,283 on Friday. It stayed range-bound after Thursday's dip below $64,000. Spot Bitcoin ETFs snapped a four-session outflow streak on July 29. The reversal brought some relief after a volatile week tied to Fed positioning.
BNB and Hyperliquid posted strong gains through the session. Both moved well ahead of Bitcoin's steadier pace. The CLARITY Act remains stuck on the Senate calendar. Traders now watch Friday's month-end close for fresh direction.
Bitcoin trades at $64,283.69, up 0.66% over the past 24 hours. This figure reflects live CoinMarketCap data tracked through today's session. Its market cap stands near $1.28 trillion. Trading volume over 24 hours reached $26.82 billion. Price action stays tied to ETF flow trends and the Fed's rate outlook.
Here are today's insights from leading crypto market analysts on Bitcoin's structure and the broader macro setup.
Akshat Siddhant, Lead Quant Analyst at Mudrex, said Bitcoin trades near $64,500. It failed to sustain a move above $65,000 resistance. Softer US PCE inflation data eased to 3.7% this week. That marked the first monthly decline since 2020. The recovery still lacks strong participation. Spot Bitcoin ETFs are on track for their weakest monthly inflows on record.
He went on to say that July inflows sit near just $205 million. Spot trading volumes on major exchanges fell nearly 85% year on year. Seasonality remains a concern too. Bitcoin has posted negative returns in each of the past four Augusts. A close above $65,000 tonight could strengthen momentum. The $63,000 zone stays key support.
Piyush Walke, Derivatives Research Analyst at Delta Exchange, said Bitcoin traded near $64,000 on Thursday. It slipped slightly even as US stock futures advanced. Strong Microsoft earnings reassured investors about AI-related returns. Gold gained on safe-haven demand before rising yields capped further moves.
Commenting further on the market, he said Bitcoin briefly climbed above $65,000 but failed to hold the breakout. A four-hour close above $64,700 to $65,000 is needed to confirm bullish momentum. Immediate support sits at $64,170. The next zone lies between $62,700 and $63,350. Bollinger Bands on the daily chart continue narrowing. This signals a volatility spike may be approaching. Ethereum needs to clear $1,935 for a move toward $1,950 to $1,980.
Nischal Shetty, founder of WazirX, said crypto continues trading under broader macro influence. Bitcoin now moves with 67% correlation to equities. Its correlation with gold stands even higher at 93%. This shows institutional capital increasingly treats crypto as a macro asset. Nearly $144.63 million in long positions were liquidated during the recent pullback.
He further said that the Crypto Fear and Greed Index sits at 34, firmly in Fear territory. Franklin Templeton's public support for the CLARITY Act reflects growing institutional demand. Bitcoin trades near $64,199, up 0.06%. Ethereum sits at $1,901.73, down 0.50%. Support holds between $63,800 and $64,000. Resistance builds near $65,000.
Also Read: Bitcoin Inflows, Lazarus Group Moves BTC, Hungary Streamlines Crypto Rules
Vikram Subburaj, CEO of Giottus, placed Bitcoin near $64,350. It stayed broadly unchanged over 24 hours. Investors are weighing easing inflation against the Fed's hawkish stance. Markets currently assign roughly 65% odds of a September rate hike. Recent ETF outflows suggest institutional demand remains cautious for now.
Continuing his statement, he said Bitcoin holds immediate support near $63,800 to $64,000. Resistance builds around $65,300 to $65,500. Large-cap altcoins mostly gained this week. BNB led with a 2.3% rise, followed by modest XRP and Solana gains. TRON advanced 0.9% as well. Investors should avoid chasing short-term moves. Staggered buying and disciplined position sizing remain prudent for now.
Based on live CoinMarketCap data as of today's session.
Biggest Gainers: HYPE, BNB, XRP
Hyperliquid led the top 10 board with a gain above 3%. BNB followed closely, extending its weekly rally past 4%. XRP also posted a steady gain as institutional demand for altcoins picked up pace.
Biggest Losers: Mid-Cap DeFi Tokens Lag
Stablecoins and a few mid-cap DeFi tokens stayed largely flat today. Names like Aave and Ethena continue to face thin liquidity. Cautious risk appetite kept these tokens under pressure through the session.
Regulatory developments and ETF flow data are steering sentiment across trading desks today. Traders are weighing these signals against Strategy's earnings shock and month-end positioning.
The Federal Reserve held its benchmark rate at 3.50%-3.75% on Wednesday. It voted 9-3 for a fifth straight hold this year. Policymakers Hammack, Kashkari, and Logan dissented in favor of a hike. The split vote kept risk assets cautious ahead of September's meeting.
The Digital Asset Market Clarity Act still sits on the Senate calendar. No floor vote has been scheduled so far this week. Trump reportedly approved updated ethics language, though Democratic support stays uncertain. The August 10 recess deadline looms as the last realistic window for 2026 passage.
US spot Bitcoin ETFs recorded $32.1 million in net inflows on July 29. The move ended a four-session outflow run this month. BlackRock's IBIT led with $89.8 million in fresh inflows. July's monthly net inflows now stand near $204.7 million, though 2026 remains in deficit overall.
Morgan Stanley's new Ethereum and Solana ETPs drew $33 million in combined inflows. The gain came on their second trading day this week. MSOL captured all fresh Solana ETF inflows during the session. Low 0.14% fees give both products an early competitive edge.
Strategy posted an $8.33 billion operating loss for the second quarter. Unrealized losses on its Bitcoin holdings drove much of the shortfall. The company's Bitcoin treasury strategy remains under scrutiny from investors. Corporate crypto exposure is now facing renewed market attention.
Hungary repealed its mandatory third-party validation rule for crypto conversions this week. Regulators separately granted CoinCash operator Tiwala Solutions the country's first MiCA license.
The license covers custody, exchange, and portfolio management services. It marks a fresh regulatory milestone across the European market.
Also Read: Crypto Hacks Top $1 Billion as North Korea Drives Record Attacks
Bitcoin holds near $64,283 as traders weigh returning ETF inflows against a stalled CLARITY Act. A close above $65,300 could open a path toward stronger $66,700 resistance. A slip below $63,800 risks exposing deeper support closer to $62,700.
BNB and Hyperliquid remain the most sensitive names to shifts in institutional risk appetite. Ethereum trades near $1,904, holding steady after a volatile week. The Senate's August 10 deadline stands as this month's defining catalyst.
What is the Bitcoin price today?
Bitcoin trades near $64,283.69, up 0.66% over the past 24 hours. It holds steady after ETF inflows returned this week. Support sits near $63,800, while resistance builds between $65,300 and $66,700 through coming sessions.
Why are BNB and Hyperliquid outperforming today?
BNB and Hyperliquid both posted gains above 3% today, outpacing Bitcoin's steadier move. Renewed institutional interest and stronger weekly momentum are driving demand toward these two large-cap altcoins right now.
What is the biggest crypto news today?
The CLARITY Act's stalled Senate progress and Strategy's $8.33 billion quarterly loss are shaping sentiment. Morgan Stanley's new Ethereum and Solana ETP launch adds a contrasting institutional growth signal this week.
Which coins are performing best today?
Hyperliquid and BNB lead gains with rises above 3%, followed by XRP with a steady climb. Mid-cap DeFi tokens including Aave and Ethena remain under pressure through today's session.
What should investors watch this week?
Track Friday's month-end close, the CLARITY Act's August 10 deadline, and Bitcoin ETF flow trends closely. September Fed rate expectations could also shift near-term positioning meaningfully across the broader crypto market.
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