Bitcoin
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Bitcoin recently traded at $64918.28, experiencing a 24-hour change of 0.299%. It reached $65,000 despite a CLARITY Act setback and the absence of a US-Iran deal. The July jobs report, which indicated 23,000 job losses, caused shifts in Fed rate expectations, impacting Bitcoin. While gold and silver experienced a significant rally, Bitcoin's movement was comparatively minor, prompting discussions about the yen's influence.
Market
Source · diadataBitcoin snapshot recorded . Reference data only — not investment advice.
Overview
Bitcoin is a cryptocurrency that recently reached a price of $64918.28. Its price movements are observed in relation to broader economic indicators and other assets like gold and silver. Recent events include its price tapping $65K and its reaction to the July jobs report.
Recent developments
Bitcoin reached $65,000 despite setbacks related to the CLARITY Act and a lack of a US-Iran deal. The July jobs report, which showed 23,000 losses, led to a repricing of Fed rate expectations, impacting Bitcoin. Bitcoin's movement was minimal during a week when gold and silver saw their best rally of 2026.
Historical context
Recent developments on August 7, 2026, show Bitcoin reaching $65K and its reaction to the July jobs report. This period also saw Bitcoin's performance compared to a gold and silver rally and the decline of the NODE ETF.
Outlook
Market observers are watching how Bitcoin will capitalize on the chaos in Fed expectations following the July jobs report. The impact of the yen carry trade on Bitcoin's performance relative to gold and silver is also a point of discussion.
Risk factors
Public Bitcoin miners like MARA and CleanSpark have reported substantial quarterly losses, extending a slump across the sector due to falling prices triggering large non-cash valuation losses. MARA Holdings also sold 726 BTC as part of a strategic retreat from a 'hodl' playbook.
Latest coverage
20 storiesDespite numerous promises from Trump, both sides failed to announce a conclusive deal.
July jobs report shocks with 23,000 losses, flipping Fed rate bets. Here is what the repricing means for Bitcoin. The post July Jobs Report Sends Fed Expectations Into Chaos, Can Crypto Capitalize? appeared first on BeInCrypto .
VanEck's NODE ETF fell 13.5% in July 2026 amid an AI-infrastructure selloff, diverging from crypto gains. Here's what drove the volatility. (Read More)
Gold and silver had their best week of 2026 while Bitcoin barely moved. The yen carry trade explains less than you think. The post Bitcoin Trailed a $2.7 Trillion Gold and Silver Rally: Is the Yen to Blame? appeared first on BeInCrypto .
MARA Holdings (MARA) and CleanSpark (CLSK) reported heavy losses on August 6, extending a slump across public Bitcoin (BTC) miners as falling prices triggered large non-cash valuation losses. Both firms leaned on their pivot toward artificial intelligence and data center infrastructure, joining rivals TeraWulf, Core Scientific, and Cipher in betting that compute capacity can offset The post MARA and CleanSpark Post $851 Million in Combined Quarterly Losses appeared first on BeInCrypto .
Base's dominance in on-chain Bitcoin trading highlights a rapid market consolidation, challenging competitors and reshaping the crypto landscape. The post Base records $4B in spot Bitcoin trading in July, capturing half of all on-chain volume appeared first on Crypto Briefing .
Timeline
80 recorded events- 07 Aug 2026DevelopmentJuly Jobs Report Sends Fed Expectations Into Chaos, Can Crypto Capitalize?
July jobs report shocks with 23,000 losses, flipping Fed rate bets. Here is what the repricing means for Bitcoin. The post July Jobs Report Sends Fed Expectations Into Chaos, Can Crypto Capitalize? appeared first on BeInCrypto .
- 07 Aug 2026DevelopmentBitcoin Taps $65K Despite CLARITY Act Setback and Lack of US-Iran Deal: Weekly Crypto Recap
Despite numerous promises from Trump, both sides failed to announce a conclusive deal.
- 07 Aug 2026AdoptionMara Holdings sells 726 BTC as Bitcoin miner continues strategic retreat from hodl playbook
MARA's shift from hodling to leveraging BTC for liquidity and AI investments highlights evolving strategies in volatile crypto markets. The post Mara Holdings sells 726 BTC as Bitcoin miner continues strategic retreat from hodl playbook appeared first on Crypto Briefing .
- 07 Aug 2026DevelopmentBase records $4B in spot Bitcoin trading in July, capturing half of all on-chain volume
Base's dominance in on-chain Bitcoin trading highlights a rapid market consolidation, challenging competitors and reshaping the crypto landscape. The post Base records $4B in spot Bitcoin trading in July, capturing half of all on-chain volume appeared first on Crypto Briefing .
- 07 Aug 2026DevelopmentBitcoin Trailed a $2.7 Trillion Gold and Silver Rally: Is the Yen to Blame?
Gold and silver had their best week of 2026 while Bitcoin barely moved. The yen carry trade explains less than you think. The post Bitcoin Trailed a $2.7 Trillion Gold and Silver Rally: Is the Yen to Blame? appeared first on BeInCrypto .
- 07 Aug 2026DevelopmentThailand waives crypto gains tax for five years – Who qualifies?
What does the most recent tax reform in Thailand mean for investors in Bitcoin and the overall crypto market?
- 07 Aug 2026DevelopmentOfficial XRP Icon Earns Font Awesome Recognition After 7-Year GitHub Campaign
Font Awesome relents after a 7-year campaign, bringing official XRP and XRPL brand icons to 28 million websites to match Bitcoin and Ethereum legitimacy.
- 07 Aug 2026Development'Bitcoin Doesn't Need Clarity,' Michael Saylor Declares
Michael Saylor speaks on the much-anticipated Clarity Act, declaring that the world's largest crypto by market capitalization, Bitcoin, does not need the crypto bill.
Quick facts
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