Snapshot — Aug 6, 2026, 7:34 AM UTC
Why was Bitcoin up on Aug 6, 2026, 7:34 AM UTC?
$64,833
▲ +1.28% (24h) · +0.12% (1h)
Bitcoin's modest gains (1.28% over 24h) appear driven by macro tailwinds around oil and inflation expectations, plus positive ETF inflows ($626M over 3 days), though the price action remains relatively subdued. The news around SpaceX's $100B unlock and political crypto developments seem tangential to current momentum. Overall, this looks like steady accumulation rather than a strong directional move.
Sources checked
- Live updates: Bitcoin nears $65,000 as oil, inflation hopes keep macro bid alive
- S&P 500 has added crypto's $2 trillion market cap this month. Bitcoin is not impressed. Here's why
- Bitcoin steadies above $64,000 as traders watch $100 billion SpaceX unlock
- Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit
- Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow
- Bitcoin ETFs pull in $244M, 3-day inflow streak tops $626M