Bitcoin news for August 10, 2026
Bitcoin faced downward pressure as Marathon Digital reported selling $1.6 billion in BTC and a mystery whale dumped $486 million, contributing to a slip below $64,000. However, ETF inflows and a steadying market amid Bank of Japan rate-hike signals provided some counterweight. The Senate's delay of the CLARITY Act also kept the regulatory environment in focus.
How the day unfolded
Bitcoin is trading near key levels as geopolitical tensions in the Hormuz Strait and potential Bank of Japan rate hikes add macro uncertainty. Institutional interest remains visible through ETF inflows and Morgan Stanley's $15M BTC purchase, though some analysts warn of an emerging institutional bear market draining liquidity. These crosscurrents leave BTC facing a potential breakout above $70,000 or a drop toward $60,000, according to market observers.
Bitcoin is holding above $65,000 as the Senate delays the CLARITY Act, while the market digests selling pressure from Marathon Digital's $1.6 billion BTC sale and a whale dumping $486 million. ETF inflows are supporting near-term recovery hopes, but concerns over a possible institutional bear market and Bank of Japan rate hikes are adding uncertainty.
Bitcoin is trading above $65,000 as the Senate postpones the CLARITY Act, while large sell-offs by Marathon Digital and a whale dumping $486 million in BTC weigh on sentiment. ETF inflows and a steadier market backdrop amid Bank of Japan rate-hike signals are providing some balance. These supply and demand dynamics are keeping the price range-bound as traders assess the impact of these headlines.
Bitcoin is holding above $65,000, supported by renewed ETF inflows that have helped prices stabilize after recent volatility. However, selling pressure persists from Marathon Digital's $1.6 billion BTC sale and a whale offloading $486 million over three weeks, while the Senate's delay of the CLARITY Act and Bank of Japan's potential rate hikes add macro uncertainty.
Headlines (16)
- Kalshi Predicts Bitcoin Price Could Reach $68K in Augustcoingape.com · Aug 8, 09:53 UTC
- Bitcoin faces $70,000 breakout or $60,000 drop this weekend as Hormuz tensions risecryptoslate.com · Aug 8, 11:12 UTC
- Morgan Stanley ETF buys $15M Bitcoin during dipcrypto.news · Aug 8, 11:13 UTC
- Bitcoin ETFs draw $853.5M in five-day inflow streakcrypto.news · Aug 8, 11:54 UTC
- Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Houganwww.coindesk.com · Aug 8, 14:00 UTC
- Bitcoin’s first institutional bear market is starting to take shape and draining liquiditycryptoslate.com · Aug 8, 15:12 UTC
- Crypto Weekly: ADA and Privacy Coins Outperform While XRP Slidesnews.bitcoin.com · Aug 8, 21:48 UTC
- Bitcoin’s $57K test – Could a liquidation reset spark BTC’s next rally?ambcrypto.com · Aug 9, 18:03 UTC
- Crypto Market Overview: Bitcoin steadies as BoJ flags possible rate hikeswww.fxstreet.com · 03:18 UTC
- Live updates: BTC above $65,000 even as the Senate punts the CLARITY Act to the fallwww.coindesk.com · 06:57 UTC
- Crypto Today: Bitcoin, Ethereum, XRP eye short-term recovery amid ETF inflowswww.fxstreet.com · 11:07 UTC
- Breaking: Bitcoin Miner Marathon Digital Sells $1.6 Billion In BTCcoingape.com · 11:27 UTC
- Bitcoin's BIP-110 episode is free-market capitalism in purest formwww.coindesk.com · 11:32 UTC
- Mystery Whale Dumps $486 Million in Bitcoin Over Three Weeksnews.bitcoin.com · 11:32 UTC
- BTC Price Drops Below $64K as Peter Schiff Urges Investors to Sell Bitcoincryptopotato.com · 17:03 UTC
- Bitcoin slips 2% as MARA, Strategy report BTC sellingwww.fxstreet.com · 20:39 UTC
Not investment advice. For informational purposes only.