In the first week of August 2026, the cryptocurrency market surged with total capitalization rising from under $2.2 trillion to $2.9 trillion. Bitcoin led the rally, climbing over 3% to surpass $65,300 despite regulatory setbacks from the U.S. Senate's failure to pass the CLARITY Act. Cardano (ADA) stood out with double-digit gains for the second week, boosted by a strategic partnership with Injective protocol, while privacy coins like ZEC and XMR also saw notable increases. However, XRP and some other major altcoins declined. The delay in the CLARITY Act vote means short-term crypto price movements will depend more on sector-specific developments until the bill returns to the Senate floor in mid-September.
Bitcoin's price briefly surged to $85,600 following the release of U.S. August personal consumption expenditures (PCE) inflation data, signaling a market reaction to inflation news. Shortly after, the price fell back to $84,350. During the four hours...
Bitcoin's price briefly surged above $85,500 following the release of lower-than-expected U.S. inflation data for August, signaling potential easing inflation pressures. However, the gains were quickly reversed, with the price falling back to around ...
Cardano's ADA is currently testing a long-term resistance line after nearly nine years of price compression, trading at $0.2478, which is 92.1% below its all-time high of $3.09 from September 2021. The token's price has been confined within a narrowi...
August's core Personal Consumption Expenditures (PCE) inflation rose 3.0% year-over-year, below expectations, easing pressure on the Federal Reserve to hike rates in October. Bitcoin responded positively, briefly surpassing $85,000 before settling ar...
Bitcoin, Ether, and XRP caused a huge 2,633% liquidation imbalance as US inflation remained stubborn and Treasury yields stayed high. Despite economic pressures like 5.2% US Treasury yields and inflation above target, these cryptocurrencies sparked a...
