Bitcoin steadies as Ethereum upgrade and other crypto moves shape market
Bitcoin traded around $63,000 in early August 2026, extending its correction from the recent $67,000 peak. The price hovered in a $60,000‑$70,000 range with modest upside and limited downside, while analysts noted a lack of a clear catalyst to drive a decisive trend. Market observers also referenced the historic “August‑curse,” a statistical pattern where Bitcoin has often closed the month in the red, but warned that macro‑economic factors now dominate price action.
Ethereum faced pressure near $1,860, with the price holding between $1,861 and $1,886. Despite the dip, spot‑ETF inflows added $365 million in July and $27 million in early August, indicating renewed institutional interest. The network is set to launch the “Glamsterdam” upgrade at the end of August, the largest technical change since the Merge, targeting higher gas limits and parallel transaction processing.
Dogecoin remained near $0.07, with key support at $0.0682 and a secondary level at $0.0642. Large holdings of roughly 463 million DOGE were being considered for transfer to a KI‑computing center, adding further selling pressure.
A new XRP price‑prediction market was announced for 3 August 2026, using a 60‑second average of CF‑Benchmarks indices to determine contract outcomes.
Trump Media & Technology Group disclosed the sale of 7,281 Bitcoin at an average price of $74,855, realizing a paper loss of about $555 million. The company also launched a “Truth API” subscription service for institutional clients, priced at $100,000 per month (discounted to $60,000 with a three‑year commitment).
Entities: Arthur Hayes · BitMine · Bitcoin · CleanCore Solutions · Dogecoin · Ethereum · Iran · Strategy · Trump Media & Technology Group · United States · XRP · XRP (Ripple)
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] Dogecoin price on 1 August 2026 was near $0.07, with a key support level at $0.0682 and a secondary support at $0.0642. (217ae069-0f39-4baf-86b3-d70d5d31da56)
- [○ 1 SOURCE] Spot Bitcoin ETFs recorded net inflows of roughly $233 million on 31 July–1 August 2026. (f144937e-81cb-485f-9378-fc843d8457a0)
- [○ 1 SOURCE] CleanCore Solutions holds about 463 million DOGE and has sold roughly 200 million DOGE. (217ae069-0f39-4baf-86b3-d70d5d31da56)
- [● 2 SOURCES] Ethereum price on 1 August 2026 was about $1,864, down roughly 3 % from the previous day. (95935ddc-4a77-434d-be82-c0c1844b149a, 4dce7b18-023d-4c9c-a0d2-fa0fda12cabb)
- [● 2 SOURCES] Ethereum spot ETFs received net inflows of about $365 million in July 2026. (95935ddc-4a77-434d-be82-c0c1844b149a, 4dce7b18-023d-4c9c-a0d2-fa0fda12cabb)
- [○ 1 SOURCE] Trump Media sold 7,281 BTC at an average price of $74,855, incurring an estimated loss of $555 million. (e559e271-9607-4ece-a10e-e79bf07b241c)
- [● 2 SOURCES] Bitcoin price in early August 2026 was around $63,000, down 2‑3 % from the previous week. (a1287459-2d5f-411f-833a-93cb64b376c2, f144937e-81cb-485f-9378-fc843d8457a0)
- [● 2 SOURCES] The Glamsterdam upgrade is planned for the second half of 2026 and aims to raise the gas limit from about 60 million to up to 200 million. (95935ddc-4a77-434d-be82-c0c1844b149a, 4dce7b18-023d-4c9c-a0d2-fa0fda12cabb)