Crypto Market Update: August 3, 2026
BTC trading around $63,381, up 1.45% today market cap sits at $1.27T, with BTC holding within a narrow $62,475–$63,528 range.
Rising US Treasury yields and continued ETF outflows are keeping short-term pressure on price, though on-chain data shows long-term holders steadily accumulating.
📊 Reminder: the Fed doesn't meet again until September 16, and traders are already pricing a ~60% chance of a rate hike then first in three years if it happens.
August has historically been a weak month for BTC,
so stay patient and manage risk.
#bitcoin #BTC #CryptoNews
BTC trading around $63,381, up 1.45% today market cap sits at $1.27T, with BTC holding within a narrow $62,475–$63,528 range.
Rising US Treasury yields and continued ETF outflows are keeping short-term pressure on price, though on-chain data shows long-term holders steadily accumulating.
📊 Reminder: the Fed doesn't meet again until September 16, and traders are already pricing a ~60% chance of a rate hike then first in three years if it happens.
August has historically been a weak month for BTC,
so stay patient and manage risk.
#bitcoin #BTC #CryptoNews