Snapshot — Aug 1, 2026, 8:25 AM UTC
Why was Bitcoin down on Aug 1, 2026, 8:25 AM UTC?
$63,043
▼ -1.24% (24h) · +0.04% (1h)
Bitcoin is essentially flat over the short term (0.03-0.04% in 15min/1h), with a modest 1.24% decline over 24h. The recent news—security exploits, ETF flows, and analyst commentary on August volatility—doesn't directly explain today's small moves; this appears to be normal intraday chop as the market transitions into August after July's ETF-driven gains.
Sources checked
- How bitcoin cold wallets lost $70 million in an attack that never touched the devices
- Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say
- The good and the bad of perps, according to crypto traders
- Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs
- Crypto faces 3 barriers to next bull run, STS Digital CEO says
- Bitcoin ETFs end July in the green despite late-month selling