Bitcoin news for August 4, 2026

Bitcoin is extending its decline as renewed risk-averse sentiment pressures the broader cryptocurrency market, including Ethereum and XRP. Meanwhile, regulatory news such as Russia's new law on digital currencies adds to the backdrop, but the immediate driver is the cautious mood among investors.

Updated 14:44 UTC

How the day unfolded

1. 05:44 UTC

   Bitcoin is extending declines as renewed risk-averse sentiment sweeps across financial markets, with investors favoring safer assets. Institutional moves such as Italy's largest bank sharply cutting its Bitcoin ETF position reflect a broader de-risking trend. Additionally, stress in other sectors, like the collapse of a $20 billion AI fund, highlights how Bitcoin often gets sold first when margin calls are triggered.

Headlines (12)

• 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 · Aug 3, 07:21 UTC
• Crypto Today: Bitcoin, Ethereum, XRP extend decline amid renewed risk-averse sentiment
  www.fxstreet.com · Aug 3, 11:13 UTC
• Breaking: Bitwise NEAR ETF Updates S-1 with SEC, Reveals Ticker & Other Details
  coingape.com · Aug 3, 14:57 UTC
• Italy’s biggest bank just slashed its Bitcoin ETF call position by 99% to triple down on staked Ethereum
  cryptoslate.com · Aug 3, 19:57 UTC
• Malaysia Blockchain Week’s OnlyFans scandal, lonely heart scammed for $3.3M: Asia Express
  cointelegraph.com · 02:08 UTC
• Putin signs law regulating digital currencies, digital rights in Russia
  tass.com · 14:09 UTC
• Washington gave crypto every legal win it begged for then lost the market anyway
  cryptoslate.com · 16:45 UTC
• Poolin owes wallet users $163.7M, and its $52M Texas sale can still unravel next week
  cryptoslate.com · 18:25 UTC
• SEC Commissioner Hester ‘Crypto Mom’ Peirce Optimistic About Clarity Act
  bitcoinmagazine.com · 21:06 UTC