Snapshot — Aug 4, 2026, 10:46 PM UTC
Why was Bitcoin up on Aug 4, 2026, 10:46 PM UTC?
$64,180
▲ +1.14% (24h) · -0.02% (1h)
Bitcoin is essentially flat in the short term (0.04% in 15 mins, -0.02% in 1h) despite a modest 1.14% gain over 24h. The recent news—SpaceX's bitcoin losses, regulatory questions, and institutional repositioning—doesn't directly explain this minor intraday movement, suggesting the current price action is likely driven by technical factors around the $63,000 support zone mentioned by Glassnode rather than macro headlines.
Sources checked
- SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings
- Clarity Act sits idle over Trump ethics question as Warren asks SEC to investigate him
- Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode
- Polymarket targets $20 billion valuation as competition heats up in prediction market sector
- Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped
- Here’s what happened in crypto today