Snapshot — Aug 9, 2026, 2:22 PM UTC
Why was Bitcoin up on Aug 9, 2026, 2:22 PM UTC?
$65,155
▲ +0.22% (24h) · +0.29% (1h)
Bitcoin's near-flat price action (0.22% in 24h) likely reflects mixed signals: the positive $853M inflow into spot ETFs is offset by ongoing crypto sector weakness (100+ projects folding) and regulatory headwinds (Brazil transfer delays, Russia hardware wallet uptick suggesting capital flight concerns). The controversial BIP-110 fork appears to have minimal market impact given its technical failure, suggesting the recent moves are driven more by macro capital flows and regulatory uncertainty than on-chain developments.
Sources checked
- Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk
- Crypto is going through a massive dot-com style shakeout as over 100 projects fold in 2026
- Controversial Bitcoin fork BIP-110 mines two blocks, then stops
- Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins
- Hardware wallet sales in Russia more than double as new crypto rules near
- Brazil's central bank orders exchanges to delay large crypto transfers abroad