Wall Street’s robust rally to commence August had a significant impact on crypto markets, resulting in an increase in overall crypto market capitalisation. Amidst a surge of approximately 1.8 percent in Wall Street’s tech-heavy Nasdaq Composite Index, the crypto market capitalisation has risen by nearly one percent. Bitcoin has reached a 24-hour peak of $63,910 as international markets have begun to factor in the potential for peace in the Middle East. In tandem, the CMC Crypto Fear and Greed Index that tracks sentiment in the crypto market indicates a reading of 36, compared to 35 the previous day. Markets also processed reports from the prominent Bitcoin treasury firm Strategy Inc. In its filing on Monday, the Virginia-headquartered company led by Michael Saylor reported sales of 1,638 Bitcoins during the period from July 27 to August 2, totalling $105 million at an average sale price of $63,957. The company’s total Bitcoin holdings have decreased to 842,138, with a cumulative purchase price of $63.51 billion and an average acquisition cost of $75,419.
Anxiety surrounding the exploit in the Coldcard hardware wallet persisted, constraining market gains. Market reports indicate that researchers estimate the attacker has transferred 1816 Bitcoin, valued at approximately $114 million, since July 30. Overall crypto market capitalisation has risen by 0.88 percent overnight to reach $2.18 trillion, while market leader Bitcoin fluctuated between $63,910 and $62,227 during this timeframe. The rise in total cryptocurrency market capitalisation coincided with a 22-percent increase in trading volumes. Data indicates aggregate liquidations of $242 million during the past 24 hours. While short positions liquidated account for $131 million, long positions liquidated add up to $111 million only. Bitcoin, the largest cryptocurrency, is trading 1.1 percent higher at $63,747.79. The current price stands approximately 49 percent lower than the all-time high of $126,198.07, which was reached on October 7, 2025. The original cryptocurrency has experienced year-to-date losses of 27.2 percent. Bitcoin Spot ETF products in the U.S. experienced net outflows amounting to $265 million on Friday, contrasting with net inflows of $233 million recorded on Thursday. iShares Bitcoin Trust ETF experienced net outflows amounting to $123 million.
Bitcoin remains in the 13th position in the global ranking of all assets according to market capitalisation data from companiesmarketcap.com. The leading cryptocurrency occupies a rank that places it between SpaceX at the 12th position and Tesla at the 14th position. Ethereum is trading 0.4 percent higher at $1,863.79. The leading alternate coin is currently trading 62 percent below its all-time high of $4,953.73, which was recorded on August 25, 2025. The 24-hour trading fluctuated between $1,895.77 and $1,827.70. Ethereum has experienced a decline of 37.2 percent year-to-date. Ethereum Spot ETF products in the U.S. experienced a decrease in net inflows, falling to $9 million on Friday, down from $13 million on Thursday. Ethereum maintains its position at 89th in the global ranking of all assets based on market capitalisation, according to source. 4th ranked BNB rallied 1.1 percent overnight, resulting in a price increase to $590.95. BNB is currently positioned 57 percent beneath its all-time high of $1,370.55, which was reached on October 13, 2025. 6th ranked XRP, a payments-focused cryptocurrency, however, slipped 0.16 percent overnight and is currently trading at $1.07, around 72 percent below the all-time high of $3.84 touched on January 4, 2018.
The price of 7th ranked Solana increased by 0.59 percent overnight, reaching $73.53. SOL’s current price stands approximately 75 percent lower than its all-time high of $294.33, which was reached on January 19, 2025. TRON ranked 8th overall, experienced an increase of 0.41 percent overnight and is currently trading at $0.3285. The trading price stands at a notable 25 percent below the cryptocurrency’s all-time high of $0.4407, which was recorded on December 4, 2024. 9th ranked Hyperliquid rallied 5 percent overnight, to trade at $54.07, around 30 percent below the all-time high of $76.85 recorded on June 16. Memecoin Dogecoin ranked 10th overall slipped 0.16 percent overnight and is currently trading at $0.0702. DOGE is currently positioned 90 percent beneath its peak price of $0.7376, which was achieved on May 8, 2021.