
Bitcoin Loses $63,000 as Retail Sales Fall and ETFs Bleed a Third Day
Bitcoin fell to $62,875 after July retail sales dropped 0.6%, the first decline in nine months, and spot ETFs logged a third straight outflow day.
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Bitcoin fell to $62,875 after July retail sales dropped 0.6%, the first decline in nine months, and spot ETFs logged a third straight outflow day.

Five straight weeks inside $62,000-$66,000, volumes at three-year lows. Desks describe ETF inflows canceled out by OTC selling, with Wednesday's CPI the one catalyst in sight.

Strategy sold 1,690 BTC at an average $64,262, below cost, raised $653.1M from MSTR shares and repurchased STRC preferred. Its dollar reserve now stands at $4.65B.

Bitcoin peaked at $65,416 on Sunday and faded to $64,738. Liquidations fell to $68M, futures volume dropped 60% in a day, and Solana was the only major in the green.

Bitcoin's data-limits fork opened its mandatory phase at 2.53% support, mined two blocks in eight hours and fell 98 behind, facing a 350-day wait for a difficulty reset.

Galaxy Research counts 1,719 BTC confirmed stolen in the Coldcard exploit, about $111 million from more than 250 victims, and warns the total may top $130 million.

Difficulty rose 0.99% to 127.48T at the 8 August retarget, above all three published estimates, while hashrate and hashprice readings still refuse to agree.

The Coldcard maker paused the automated erasure of customer records, citing preservation duties from anticipated legal proceedings. Customers can still opt out on request.

US spot bitcoin ETFs drew $853.54M over five sessions with no outflow days, 81% of it into BlackRock's IBIT — but the funds are still billions in the red for 2026.

MARA lost $611.3M and CleanSpark $239.8M as revenue fell 27% and 30.5%. Both leaned harder on AI and data-center capacity, and both stocks fell on the print.

The Bitcoin Red Team filed 4,962 findings, 85 of them critical, across 390 open-source repositories in 27.5 hours, on just over $40,000 of OpenSats funding.

Bitcoin's transaction queue hit 89,031 unconfirmed entries on 5 August, with active addresses at a three-month high. The congestion came from wallet migration, not trading.