Snapshot — Aug 12, 2026, 9:04 AM UTC
Why was Bitcoin down on Aug 12, 2026, 9:04 AM UTC?
$63,734
▼ -0.54% (24h) · -0.05% (1h)
Bitcoin is essentially flat in the short term despite mixed forces: ETF inflows are providing support while an unnamed group's $1.78B in selling pressure is offsetting gains. The market appears to be in a holding pattern ahead of the U.S. CPI print, which traders expect could trigger a significant move.
Sources checked
- One overlooked group has added $1.78 billion of selling pressure to bitcoin market
- Live updates: Bitcoin at $63,600 as Japan's Metaplanet moves 3,881 BTC between wallets
- Crypto.com rolls out tokenized stock derivatives as crypto exchanges push into equities
- Here's what bitcoin and ether traders are doing ahead of the binary U.S. CPI print
- Dogecoin and BNB lead majors higher as bitcoin slips near $63,700
- Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move