Bitcoin news for August 3, 2026

Bitcoin is under pressure from renewed risk-averse sentiment across crypto markets, as prices extend declines alongside Ethereum. Institutional news adds to caution: Italy's largest bank cut its Bitcoin ETF exposure sharply, while new ETF filings and losses at crypto-linked firms highlight ongoing volatility. The asset is also being sold first when margin calls hit, as illustrated by a $20 billion AI fund collapse.

Updated 23:44 UTC

How the day unfolded

1. 15:04 UTC

   Bitcoin is extending its decline as renewed risk-averse sentiment weighs on the broader crypto market, with major assets like Ethereum and XRP also sliding. Headlines highlight mounting institutional losses at crypto-focused firms and new regulatory pressures, such as Minnesota's ATM ban, adding to the negative tone.

Headlines (16)

• Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing
  cryptoslate.com · Aug 1, 12:03 UTC
• Breaking: Bitcoin BIP-110 Soft Fork Fails After Strong Opposition From Michael Saylor
  coingape.com · Aug 1, 13:29 UTC
• SEC to review Nasdaq bitcoin options approval after CME challenge
  www.coindesk.com · Aug 1, 15:49 UTC
• Minnesota crypto ATM ban goes into effect after reported $1M losses
  cointelegraph.com · Aug 1, 18:10 UTC
• Bitwise is liquidating six crypto option ETFs that offered 25% payouts while returning investors’ own capital
  cryptoslate.com · Aug 2, 01:00 UTC
• The sudden collapse of a $20 billion AI fund reveals why Bitcoin is the first thing Wall Street sells when margin calls hit
  cryptoslate.com · Aug 2, 12:01 UTC
• How Interactive Strength erased a $50M FET token bet and sent common shareholders to the back of the line
  cryptoslate.com · Aug 2, 21:51 UTC
• After 3 reverse stock splits and a $13.5M loss, this real estate firm bet $8M on crypto it may not be allowed to withdraw
  cryptoslate.com · Aug 2, 23:51 UTC
• Crypto treasury firm ZeroStack warns of survival risk amid $82.5M loss
  cointelegraph.com · 07:21 UTC
• Bernstein says Clarity Act failure could accelerate SEC, CFTC crypto rulemaking
  www.theblock.co · 09:51 UTC
• Crypto Today: Bitcoin, Ethereum, XRP extend decline amid renewed risk-averse sentiment
  www.fxstreet.com · 11:13 UTC
• Ripple Price Forecast: XRP sell-off accelerates as bears target $1.00 support
  www.fxstreet.com · 13:01 UTC
• Breaking: Bitwise NEAR ETF Updates S-1 with SEC, Reveals Ticker & Other Details
  coingape.com · 14:57 UTC
• 24X FX NDF Volume Climbs Ahead of 23-Hour Equities Expansion
  www.financemagnates.com · 15:23 UTC
• Italy’s biggest bank just slashed its Bitcoin ETF call position by 99% to triple down on staked Ethereum
  cryptoslate.com · 19:57 UTC
• Facing a severe cash crunch, Bitcoin miner Sphere 3D quietly prepares to dilute its shareholders by a staggering 50%
  cryptoslate.com · 21:52 UTC