U.S. spot Bitcoin ETFs recorded $244.4 million in net inflows on August 5, while spot Ethereum ETFs attracted $60.8 million in net inflows.
Bitcoin held near $64,000 as Fed Governor Lisa Cook said she would support a rate hike if disinflation stalls, keeping monetary-policy uncertainty in focus for risk assets.
The CLARITY Act remained at a standstill before the August recess as Senate negotiations continued to face pressure from ethics disputes and law-enforcement concerns.
Russian President Vladimir Putin signed a landmark crypto law allowing regulated retail crypto trading, marking a major shift in Russia’s digital-asset framework.
Bitcoin security stayed in focus after the Bitcoin Red Team reported nearly 5,000 findings across hundreds of projects, while developers flagged dozens of critical bugs in the ecosystem.
Visa expanded its stablecoin payout capabilities through Zerohash rails, reinforcing the continued push by major payment companies into blockchain-based settlement.
Bitcoin is trading around $64,470, while Ethereum is trading around $1,909.
The Fear and Greed Index stands at 25, indicating extreme fear in market sentiment.
