Bitcoin News Today: BTC Holds Above $63,100 Despite
Bitcoin is trading at $63,102. 45 as of August 2, 2026, up 0. 14% over the past 24 hours though still down 2. 08% over the past week, holding firm above $63,000 as fresh spot ETF inflows and steady on-chain. . .
Bitcoin is trading at $63,102. 45 as of August 2, 2026, up 0. 14% over the past 24 hours though still down 2. 08% over the past week, holding firm above $63,000 as fresh spot ETF inflows and steady on-chain accumulation offset lingering caution from a major hardware wallet security incident reported earlier this week. Key TakeawaysBitcoin trades at $63,102. 45, up 0. 14% today and down 2. 08% over the past weekFresh spot Bitcoin ETF inflows and steady on-chain accumulation are supporting prices even as broader markets remain cautious heading into a seasonally weak AugustA firmware flaw in Coldcard hardware wallets drained roughly 594 BTC (about $38 million) from around 500 wallets in a 25-minute sweep on July 31, one of the largest self-custody security incidents in yearsBitcoin closed July up roughly 7%, its best monthly finish in the current cycle, before immediately entering August, which has posted losses in each of the past four yearsFriday’s US jobs report and the August 12 CPI release are the next major macro catalysts likely to shape the path toward the Fed’s September rate decisionMarket OverviewMetricValuePrice$63,102. 451h Change-0. 08%24h Change+0. 14%7d Change-2. 08%Market Cap$1. 26T24h Volume$15. 5BCirculating Supply20. 06M BTCBitcoin Price TodayBTC is holding steady above $63,000 heading into the first full week of August, supported by renewed spot ETF inflows and continued on-chain accumulation even as trading volume remains thinner over the weekend. The price action suggests buyers are still active despite the seasonal weakness historically associated with August, though the Coldcard hardware wallet exploit disclosed this week is a reminder that security risks remain a persistent undercurrent even during otherwise calm price action. Support and ResistanceLevelPriceResistance 2$65,000Resistance 1$64,000Current Price$63,100Support 1$62,400Support 2$60,000Spot Bitcoin ETFs saw fresh inflows heading into the weekend, a supportive signal after choppier flow data in prior sessions. Combined with continued accumulation by wallets in the 10-10,000 BTC range, the data suggests institutional and high-net-worth demand remains intact even as broader sentiment stays cautious ahead of a historically difficult month for Bitcoin. Why Is Bitcoin Holding Steady Today?Bitcoin’s ability to hold above $63,000 reflects a tug-of-war between supportive ETF and accumulation data on one side, and seasonal caution plus lingering security concerns on the other. The Coldcard exploit — which drained $38 million from roughly 500 wallets by exploiting a firmware bug that silently disabled hardware randomness generation since 2021 — has reignited debate about self-custody security, though it has had limited visible impact on Bitcoin’s broader price action so far. What This Means for the Days AheadFriday’s US jobs report is the most significant near-term catalyst, since it’s the largest single input into expectations for the Fed’s September rate decision. The August 12 CPI release follows shortly after and, combined with payrolls data, will largely determine the market’s read on the path forward. Separately, the Senate’s summer recess beginning around August 7 effectively closes the window for CLARITY Act passage absent rapid movement beforehand. Post navigation