Snapshot — Aug 10, 2026, 12:55 PM UTC
Why was Bitcoin down on Aug 10, 2026, 12:55 PM UTC?
$64,884
▼ -0.01% (24h) · -0.21% (1h)
Bitcoin is essentially flat over the past 24 hours (-0.01%), with only minor short-term weakness. The recent news suggests mixed signals—MicroStrategy's large bitcoin sale could be mildly bearish, but easing geopolitical tensions (Iran-Oman deal) and hedge funds shifting to bullish positioning appear to be providing support near $65,000. The price stability despite these headlines suggests the market is currently balanced between selling pressure and underlying bullish sentiment.
Sources checked
- Strategy sells 1,690 bitcoin, raises $653 million from MSTR shares
- Crypto exchange Coinsbuy loses $8 million in coordinated two-blockchain attack
- Bitcoin's BIP-110 episode is free-market capitalism in purest form
- Bitcoin steadies above $65,000 as Iran-Oman deal talk eases Hormuz concerns, lifts risk assets
- Bitcoin volatility is in meltdown, but downside protection still commands a premium
- A rare CME shift: Hedge funds abandon structural shorts to bet on a bitcoin rally