Snapshot — Aug 10, 2026, 6:46 AM UTC
Why was Bitcoin up on Aug 10, 2026, 6:46 AM UTC?
$65,172
▲ +0.54% (24h) · +0.24% (1h)
Bitcoin's modest gains (0.54% over 24h) appear driven primarily by sustained inflows into spot ETFs, particularly BlackRock's IBIT, which suggests institutional accumulation interest. The upcoming US inflation data this week likely keeps traders cautious, explaining why momentum remains muted despite positive price action. The broader crypto shakeout mentioned in news could actually be supporting Bitcoin relatively, as capital rotates toward the most established asset.
Sources checked
- This bitcoin miner rejected BIP-110 despite mining through a pool that supported it
- Bitcoin tops $65,000 with US inflation data due this week
- XRP is getting left behind in the crypto bounce even as ETFs keep attracting investor money
- Is Clarity's delay a blessing in disguise?: State of Crypto
- 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