Bitcoin's price reached $64,373.79 on August 7, 2026, down 0.25% over the preceding 24 hours, with a trading volume of $18.2 billion and a market capitalization of $1.29 trillion.
Ethereum's price was recorded at $1,903.11 on August 7, 2026, down 0.12% over the preceding 24 hours, with a trading volume of $7.84 billion and a market capitalization of $229.68 billion.
Bitcoin opened at $64,259.68 on August 7, 2026, which was 0.5% lower than its opening price on August 6, 2026, before rising to $65,143.87 by 9:02 a.m. ET.
Ethereum opened at $1,902.20 on August 7, 2026, down 0.2% from its opening price on August 6, 2026, before rising to $1,929.36 by 9:02 a.m. ET.
The overall decentralized finance (DeFi) market capitalization fell severely over a 24-hour period, dropping to $57.3 billion by August 7, 2026, representing a 39.6% decline.
Crypto market participants are rotating capital toward the perceived safety of large-cap tokens like Bitcoin and Ethereum, leaving them as the only positive assets in the CoinDesk 20 index on August 6, 2026.
The global decentralized finance (DeFi) market capitalization crashed 38.7% in 24 hours to reach $62.1 billion on August 5, 2026, while stablecoin activity fell 5%.
BlackRock's spot Bitcoin ETF (IBIT) recorded more than $170 million in inflows on August 5, 2026, accounting for the majority of the day's $211 million in total daily Bitcoin ETF inflows.
Bitcoin's price traded at $64,318 on August 7, 2026, remaining beneath its 50-day Exponential Moving Average of $64,637, its 100-day Exponential Moving Average of $67,021, and its 200-day Exponential Moving Average of $73,149.
Ethereum's price traded at $1,901 on August 7, 2026, continuing a 22-day sideways trend between its 50-day Exponential Moving Average of $1,857 and its 100-day Exponential Moving Average of $1,925.
According to Plasma's chief strategy officer Zaheer Ebtikar, altcoin open interest fell approximately 15% over the month leading up to August 6, 2026, while Bitcoin gained roughly 8%.
Bitcoin's futures open interest increased to 770,000 BTC on August 6, 2026, while the long-short taker volume ratio flipped bullish for the first time in at least a week with longs at nearly 52%.
XRP's open interest increased by 5% to 2.23 billion tokens on August 6, 2026, while its price dropped to $1.04, confirming market weakness alongside negative perpetual funding rates.
Spot Solana ETFs held $879 million in net assets, with Morgan Stanley's MSOL fund pulling in $19 million on its second trading day alone prior to August 6, 2026.
