Snapshot — Jul 31, 2026, 2:07 AM UTC
Why was Bitcoin up on Jul 31, 2026, 2:07 AM UTC?
$64,458
▲ +0.38% (24h) · -0.35% (1h)
Bitcoin is down slightly in the short term (-0.51% in 15min, -0.35% in 1h) despite modest gains over 24h (+0.38%), likely reflecting intraday volatility rather than directional momentum. The recent news—major losses at Strategy, Coinbase missing earnings, and declining odds for the Clarity Act—appears to be weighing on sentiment, though these are longer-term structural concerns rather than explanations for immediate price ticks.
Sources checked
- Strategy books $8.2 billion Q2 loss on bitcoin price decline
- Coinbase sinks 5% after missing second quarter revenue estimates
- Crypto for Advisors: Is the Clarity Act dead?
- JPMorgan says fading Clarity Act odds weigh on crypto outlook
- Bhutan’s Gelephu taps 3iQ to manage part of Bitcoin treasury
- Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses