
Bitcoin Prints the Week's High at $65,416 and Stalls
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.
Altcoins, ETH & general crypto

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.

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.

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.

Bitcoin's 30-day implied volatility fell to 36%, its lowest since 31 May, while US spot ETFs took $211.49 million on a second straight day of inflows.

Daily active addresses neared 980,000 on 31 July, the most since December 2024, while exchange balances rose, with coin heading toward venues rather than away.

Three outlets put Saturday's bitcoin price in three different places, from $63,082 to a rejection off $65,000, on the thinnest spot volume since 2019.

Bitcoin ended July at $64,131.17 after printing the cycle low at $57,735 on the first of the month, with ether outperforming and ETF flows barely positive.

Strategy booked an $8.2 billion second-quarter loss on an unrealized markdown of its 843,775 BTC, now carried about $9 billion below what the company paid for it.

The Federal Reserve left its policy rate at 3.50%–3.75% for a fifth straight meeting on July 29, and crypto barely moved: bitcoin held just under $64,000.

Bitcoin held a $63,700 to $65,406 band as the day's digests disagreed on the print, and 97.2% of its liquidations fell on longs.