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Bitcoin trades near $64,296, up 0.21% through today's session.
Ethereum holds above $1,911, gaining 0.95% over the past day.
Hyperliquid leads the top 10 gainers, up 1.40% over 24 hours.
Bitcoin traded near $64,296 today, holding steady after extending gains through the early session. Ethereum climbed past $1,911, adding fresh support to broader altcoin sentiment. Trading desks flagged renewed spot demand across major tokens heading into the FOMC minutes release.
FOMC minutes due later today continue to shape crypto positioning into September. A White House meeting between crypto executives and President Trump added fresh attention to Washington policy. Traders now track both events closely for the next clear directional signal.
Bitcoin traded at $64,296.33, up 0.21% over the past 24 hours based on live CoinMarketCap data. Its market capitalization stood at $1.29 trillion. Trading volume over 24 hours reached $17.47 billion. Bitcoin has gained 0.79% over the past seven days, holding within a narrow band.
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 briefly reclaimed $65,000 as risk sentiment improved. President Trump's comments on the Strait of Hormuz lifted broader markets, though the macro backdrop stays challenging.
He further mentioned the 30-year US Treasury yield climbed to 5.34%, its highest since January 2007. CryptoQuant data suggests the move could be a low-volume liquidity trap built on short covering. Gupta placed resistance near $65,000, with support shifting up to $64,000.
CoinSwitch's Markets Desk noted BTC briefly touched $65,000 for the first time since August 10. A rebound in US equities helped, even as US-Iran tensions around the Strait of Hormuz persisted.
He further added that whales have accumulated near $2.64 billion worth of BTC over the past two months. This points to continued dip buying despite the elevated yield backdrop weighing on risk assets. CoinSwitch flagged $65,000 as the key level needed to sustain momentum.
Vikram Subburaj, CEO of Giottus, shared that Bitcoin traded near $64,300, up close to 0.3%. A Reuters survey found 94 of 104 economists expect the Fed to hold rates in September.
He further noted large-cap altcoins showed limited momentum, with Solana near $76.88 and TRON near $0.3327. Subburaj advised investors to avoid chasing short-term moves through staggered entries and limited leverage. Immediate resistance sits near $65,000 to $66,000, with $63,000 as key support.
Also Read: Bitcoin Holds $64,000 as $57,000 Long Liquidation Risk Builds
Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin's rebound from $62,700 is now testing the $65,000 zone. Sellers remain active around $64,800 to $65,200, capping the recovery so far.
She further explained short covering and improving spot ETF flows drove the move higher. Bitcoin has reclaimed its major four-hour moving averages, keeping short-term structure constructive above $63,800. Sehgal flagged the FOMC minutes as the next likely trigger for direction.
The broader market holds a firm, range-bound tone today. Here is how the top 10 coins by market capitalization stand, based on live CoinMarketCap data.
Biggest Gainers: SOL, HYPE, XRP
Solana led today's top 10 gainers, up 1.52% over the past 24 hours. Hyperliquid followed closely with a 1.40% advance on steady demand. XRP also posted a firm 0.45% 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.
FOMC minutes and the White House crypto meeting stand as today's biggest catalysts. Regulatory shifts and fresh institutional deals add further weight to sentiment.
The SEC issued its "Regulation Crypto" proposal today, days after canceling a meeting meant to vote on it. The delay had left capital-raising clarity in limbo for smaller digital asset issuers.
Analysts note the SEC continues shaping policy through rulemaking rather than legislation this year. This approach offers faster relief but weaker permanence, since future administrations could reverse agency guidance quickly.
Goldman Sachs is buying bitcoin ETF manager NEOS in a deal valued at up to $2.25 billion. The acquisition lets Goldman expand its footprint in the competitive spot Bitcoin ETF space.
Bloomberg analyst Eric Balchunas said the move could help Goldman leapfrog BlackRock's rival fund lineup. The deal signals traditional banks see durable long-term demand for regulated crypto investment products.
US spot Bitcoin ETFs recorded net inflows on Monday, snapping three consecutive sessions of outflows per Coinglass data. The rebound follows renewed institutional appetite as Bitcoin pushed back toward the $65,000 level.
BlackRock's IBIT fund still carries the largest share of institutional capital among issuers tracked today. Ether funds saw milder flow activity by comparison, suggesting spot demand continues absorbing broader caution.
The Financial Accounting Standards Board (FASB) proposed that certain stablecoins should qualify as cash-like instruments under accounting rules. The move could reshape how corporations report stablecoin holdings on balance sheets going forward.
Industry watchers see the proposal as a step toward mainstream stablecoin adoption within traditional finance. Clearer accounting treatment may encourage more corporate treasuries to hold stablecoins as working capital.
Former New York Governor Andrew Cuomo said the CLARITY Act remains key to linking crypto and traditional markets. His comments come as the bill faces continued delays ahead of the Senate calendar.
The remarks add political weight to today's White House meeting between crypto executives and the administration. Traders continue pricing regulatory clarity as a meaningful catalyst for institutional capital allocation decisions.
A King County court ordered prediction market Kalshi to block Washington state users starting today, citing gambling law violations. The ruling followed a CFTC emergency intervention to protect Kalshi's trading operations days earlier.
Washington's Attorney General accused the platform of running an unlicensed gambling operation through event contracts. The case adds to growing regulatory scrutiny facing prediction markets operating alongside crypto exchanges nationwide.
Also Read: Crypto News Today: Bitcoin Inflows, Jane Street Disclosed BTC Holdings, Bitmine Adds 9,926 ETH
Bitcoin holds near $64,296 as traders weigh firming Fed hold odds against fresh regulatory headlines. A close above $65,000 could open a path toward stronger resistance near $66,000. A slip below $63,800 risks exposing the $63,000 support region next.
Ethereum's hold above $1,911 adds a constructive signal for broader altcoin sentiment this week. The White House crypto meeting and FASB's stablecoin proposal keep regulatory focus sharp. FOMC minutes and ETF flow continuity remain the two catalysts traders are watching most closely.
What is the Bitcoin price today?
Bitcoin trades near $64,296.33, up 0.21% over the past 24 hours through today's session. Resistance builds near $65,000 and $66,000, while support sits near $63,800, based on levels shared across major trading desks today.
Why did Bitcoin move higher today?
Steady spot demand and returning ETF inflows supported Bitcoin's hold above $64,000. Ethereum's move past $1,911 also lifted broader sentiment across altcoins. Traders remain cautious ahead of today's FOMC minutes release and its policy signals.
What is the biggest crypto news today?
The White House crypto meeting and the SEC's new Regulation Crypto proposal stand as today's dominant headlines. Goldman's NEOS acquisition, FASB's stablecoin proposal, and the Kalshi ruling add further important context.
Which coins are performing best today?
Solana leads today's top 10 gainers near 1.52%, followed closely by Hyperliquid and XRP. No coin among the top 10 posted a decline today, with stablecoins USDT and USDC holding steady near parity.
What should investors watch this week?
Track FOMC minutes, Bitcoin ETF flow continuity, and today's White House crypto meeting outcome closely. CLARITY Act developments and Treasury yield movement could also influence near-term positioning across the broader market.
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