Bitcoin news for August 11, 2026
Bitcoin is trading around $63K-$65K, with large miners like Marathon Digital selling sizeable BTC holdings. At the same time, ETF inflows and carry trades are drawing institutional capital, while the Senate has delayed the CLARITY Act. These cross-currents have left the market stalled.
How the day unfolded
Bitcoin held above $65,000 as the U.S. Senate deferred the CLARITY Act to the fall, keeping regulatory uncertainty in play. Selling pressure came from Marathon Digital's $1.6 billion BTC sale and a whale dumping $486 million, though ETF inflows were noted as a countervailing factor. The market also monitored Bank of Japan rate-hike signals, with BTC briefly sliding below $64,000 during the session.
Bitcoin remains volatile, slipping from above $65,000 as Marathon Digital sold $1.6 billion in BTC and a mystery whale dumped $486 million over three weeks, while ETF inflows and steadying signals from the Bank of Japan offer some support. The price briefly dipped below $64,000 after Peter Schiff urged selling, but reports suggest a short-term recovery is being considered. Regulatory news, such as the Senate punting the CLARITY Act to the fall, also contributes to the backdrop.
Bitcoin has been volatile, dipping below $64,000 as major holders like Marathon Digital and Strategy sold BTC, while fading hopes for a Hormuz resolution added pressure. Meanwhile, ETF inflows and steadying effects from BoJ rate-hike signals have helped support short-term recovery attempts. Regulatory uncertainty persists as the Senate delayed the CLARITY Act to the fall.
Bitcoin slipped below $64,000 as major holders like Marathon Digital and Strategy reported selling, aligning with fading geopolitical hopes surrounding Hormuz. At the same time, ETF inflows and steadier sentiment after Bank of Japan rate-hike comments tempered the decline, while the Senate's delay of the CLARITY Act kept regulatory uncertainty in focus.
Bitcoin slipped below $64,000 as Marathon Digital sold $1.6 billion in BTC and Strategy reported additional sales, with geopolitical hopes around Hormuz also fading. At the same time, ETF inflows were noted as a counterbalancing factor, and the cryptocurrency steadied above $65,000 amid Bank of Japan rate hike concerns.
Bitcoin slipped below $64,000 as major holders like Marathon Digital and Strategy sold significant amounts of BTC, while ETF inflows reversed with a $144.67 million outflow that broke a five-day streak. Hopes for a geopolitical de-escalation faded, and progress on the CLARITY Act was postponed to the fall, removing potential near-term catalysts. The decline came after the price had earlier held above $65,000, reflecting a shift in market conditions.
Bitcoin has retreated from above $65,000 to below $64,000, pressured by large-scale selling from major holders like Marathon Digital and Strategy, along with fading hopes tied to Hormuz-related geopolitical developments. The Senate's decision to punt the CLARITY Act adds regulatory uncertainty, while Bitcoin ETFs saw a $144.67 million outflow, breaking a five-day inflow streak. These factors combine to keep the market cautious, despite earlier interest in carry trades and ETF inflows.
Bitcoin's price has been volatile, recently slipping below $64,000 as Marathon Digital sold $1.6 billion in BTC and Strategy also reported selling, contributing to a 2% drop. ETF flows turned negative, with $144.67 million in outflows breaking a five-day inflow streak. Geopolitical hopes around Hormuz faded, adding to the downward pressure, while regulatory news like the CLARITY Act punt to the fall kept market sentiment cautious.
Bitcoin slipped below $64,000 after trading above $65,000, pressured by large BTC sales from Marathon Digital and Strategy, alongside fading hopes around Hormuz. ETF flows turned negative as a five-day inflow streak broke, though earlier futures carry trades at 7.89% had fueled a $850 million ETF spree. Regulatory timing, such as the Senate postponing the CLARITY Act, also kept sentiment in check.
Bitcoin slipped below $64,000 as major holders Marathon Digital and Strategy reported BTC sales, while fading hopes around Hormuz added downward pressure. ETF inflows and attractive carry trades offered some counterweight, but selling pressure and broader crypto losses led by Ether and XRP kept prices subdued.
Bitcoin's price has stalled between $63,000 and $65,000 as selling from major holders like Marathon Digital and Empery Digital offsets ongoing ETF inflows, which continue to outpace network issuance. Regulatory uncertainty also lingers after the Senate postponed the CLARITY Act to the fall, while rising interest in carry trades has driven fresh Wall Street ETF purchases.
Bitcoin slipped below $64,000 as Marathon Digital sold $1.6 billion in BTC and Empery Digital trimmed its holdings, with Ether and XRP leading losses. Inflows into Bitcoin ETFs persisted, supported by futures carry trades at 7.89% driving an $850 million Wall Street ETF spree, while the Senate delayed the CLARITY Act to the fall. These moves offset the impact of miner sales on Bitcoin's price.
Headlines (14)
- Crypto Market Overview: Bitcoin steadies as BoJ flags possible rate hikeswww.fxstreet.com · Aug 10, 03:18 UTC
- Live updates: BTC above $65,000 even as the Senate punts the CLARITY Act to the fallwww.coindesk.com · Aug 10, 06:57 UTC
- Crypto Today: Bitcoin, Ethereum, XRP eye short-term recovery amid ETF inflowswww.fxstreet.com · Aug 10, 11:07 UTC
- Breaking: Bitcoin Miner Marathon Digital Sells $1.6 Billion In BTCcoingape.com · Aug 10, 11:27 UTC
- Bitcoin's BIP-110 episode is free-market capitalism in purest formwww.coindesk.com · Aug 10, 11:32 UTC
- Mystery Whale Dumps $486 Million in Bitcoin Over Three Weeksnews.bitcoin.com · Aug 10, 11:32 UTC
- BTC Price Drops Below $64K as Peter Schiff Urges Investors to Sell Bitcoincryptopotato.com · Aug 10, 17:03 UTC
- Bitcoin slips 2% as MARA, Strategy report BTC sellingwww.fxstreet.com · Aug 10, 20:39 UTC
- Empery Digital’s BTC buffer shrinks after it sells 1,635 Bitcoin — Detailsambcrypto.com · 05:01 UTC
- Bitcoin falls below $64k as Hormuz hopes fade, Strategy sells more coinswww.investing.com · 06:20 UTC
- Bitcoin price loses $64K as Ether and XRP lead lossescrypto.news · 07:12 UTC
- Bitcoin futures carry trades are quietly beating Treasuries at 7.89% driving $850M Wall Street Bitcoin ETF spreecryptoslate.com · 13:14 UTC
- Bitcoin ETFs Shed $144.67M as 5-Day Inflow Streak Breaksnews.bitcoin.com · 13:37 UTC
- Bitcoin Stalls at $63,400 as ETFs Outpace Network Issuancenews.bitcoin.com · 19:34 UTC
Not investment advice. For informational purposes only.