BitcoinBTC
Current read
Spot Bitcoin ETFs pulled in $853.54 million in the week ended Aug. 7, their best haul since April, with BlackRock's IBIT capturing roughly 80% of the total, per SoSoValue data cited by CryptoSlate. The cash landed while BTC was slipping under $65,000 and Congress let the Clarity Act stall again. That gap between primary-market demand and secondary-market price is the story going into the Fed meeting.
Bitcoin is trading with a heavy tape into a Fed meeting, and the setup is a familiar one: strong primary-market bid, weak spot follow-through. US-listed spot Bitcoin ETFs pulled in $853.54 million in the week ended Aug. 7, the strongest weekly haul since April and the third-best week since October, per SoSoValue figures reported by CryptoSlate and CoinTelegraph. BlackRock's IBIT accounted for roughly 80% of that cash. At the same time, price is probing $60,000, headline outlets are flagging the stalled Clarity Act in Congress, and Asian-session sell pressure has repeatedly bled into US hours.
Latest News
- AMBCryptoimportantMichael Saylor slams BIP-110: ‘Nobody controls Bitcoin, the network has spoken’
BIP-110 may become dominant Bitcoin chain due to network consensus and control over smart contract functionality.
- ZyCryptoimportantSyntetika’s New Tokenization Hub Brings Regulated Investment Strategies On-Chain
Syntetika's new tokenization hub allows for regulated investment strategies to be run on-chain.
- Crypto.NewsimportantBitcoin defenders seek frontier AI access in 40-group push
Bitcoin coalition seeks AI access for frontier models to combat growing cyberattacks.
- Bitcoin MagazineimportantBitcoin Exchange-Traded Funds See Spike In Inflows Following Huge Hack
Bitcoin Exchange-Traded Funds see massive inflows following huge hack.
- U.TodayimportantXRP, Zcash (ZEC), Ethereum (ETH) and Bitcoin (BTC) Price Analysis For August 11: Market Reaction Is Uneven
XRP and ZEC saw significant price increases due to institutional investment.
- DecryptimportantBitcoin ATMs Pulled in Australia as Regulators Signal Wider Crackdown
AUSTRAC suspends crypto ATM operator's registration due to regulator concerns.
- CryptoBriefingimportantBitcoin traders assess macroeconomic factors for future outlook
Bitcoin's integration into traditional finance is expected to boost its role as a macro-sensitive asset.
- AMBCryptoimportantBCH liquidation clusters build above price — Is $232 next?
Recent Analysis
All analysis →
Bitcoin Tops $65,000 Ahead of CPI as ADA Leads CryptoBeast Scores, Market Pulse Cools From Extreme Greed
BTC pushed above $65,000 before Wednesday's July CPI print, ADA topped Cryptomat's CryptoBeast score at 69, and market pulse slipped four points from extreme…
US Redirects 55 Vessels, Boards Two in Iran Naval Blockade, CENTCOM Says
CENTCOM said US forces redirected 55 vessels and boarded two under an Iran naval blockade, a shipping shock that historically pushes bid into BTC and gold.
Stacks Tops Bitfinex Ranking of Bitcoin Layer-2 Usage
Stacks ranked first for Bitcoin usage in a Bitfinex research note published Saturday, a signal that BTC L2 activity is moving from thesis to measurable share.
Zcash Breaks 9-Year Downtrend Against Bitcoin as ZEC/BTC Clears 200-Week SMA
ZEC/BTC cleared its 200-week SMA on Saturday, ending a nine-year capitulation trend and putting privacy coins back on institutional desks.
Bitcoin: ETF Cash Returns as Congress Stalls and Miners Hedge
Spot BTC ETFs pulled $853M in the week to Aug. 7, the heaviest since April, even as the Clarity Act stalls and BTC probes $60,000 support.
Bitcoin, Ether ETFs Break $1B in Best Inflow Week Since April as Sentiment Hits Extreme Greed
BTC and ETH ETFs pulled $1B+ last week, BlackRock took 80%, Cryptomat Pulse hits 94 extreme greed. XRP Ledger privacy vote and CLARITY Act loom next.
About Bitcoin
Bitcoin (BTC) is a store of-value cryptocurrency.
An evergreen profile covering its purpose, key milestones, use cases, and risks will appear here.
FAQ
- What is Bitcoin?
- Bitcoin (BTC) is a store-of-value cryptocurrency designed to hold purchasing power over long horizons, traded as a digital scarcity asset. See our methodology page for how we track and analyze it.
- What makes Bitcoin a store of value?
- Bitcoin (BTC) is positioned as a store of value because its supply schedule is fixed or strictly capped, which proponents argue makes it harder to debase than fiat currency. Whether it lives up to the framing depends on the time horizon and the macro regime.
- Why is Bitcoin considered a major crypto?
- Bitcoin (BTC) is in the top tier of tracked assets at Cryptomat. Tier 1 covers blue chips with deep liquidity across major exchanges, sustained news flow, and (for most) ETF eligibility or active institutional coverage.
- Where can I see the live Bitcoin price?
- The live Bitcoin price is at the top of this page, streamed in real time from Binance spot markets.
- Where can I read the latest Bitcoin analysis?
- This hub aggregates Cryptomat's Bitcoin coverage in one place: classified breaking news, deep-dives with bull/base/bear scenarios, on-chain signals, and the CryptoBeast sentiment score.