Bitcoin
Bitcoin rose 2.35% over the week from July 31 to August 7, 2026. The cryptocurrency with the highest market capitalization continues to trade around $65,000. However, over the seven trading sessions, the price never surpassed this level. Volatility remains low: the maximum daily price movement for Bitcoin was 1.18%.
Source: tradingview.com
One reason BTC failed to rise can be attributed to U.S. unemployment benefit statistics. The number of claims issued in the most recent week of July totaled 199,000, 1,000 higher than the previous seven days. At the same time, the figure came in 3,000 below the consensus forecast. The data indicate resilience in the labor market of the world’s largest economy, thereby allowing policymakers to hold off on lowering the key interest rate. This is negative for Bitcoin, as if credit remains expensive, investors are unlikely to increase their risk appetite.
Spot Bitcoin ETFs recorded a weekly inflow of $7.5469 billion, the highest seven-day total since the end of April. Investors contributed the largest amount, $6.0693 billion, to BlackRock’s iShares Bitcoin Trust (IBIT).
Source: sosovalue.com
However, the Brazilian crypto asset management company Hashdex has announced the liquidation of its spot ETF (DEFI). According to the statement from the organization’s representatives, the fund’s asset volume remains low relative to its costs, prompting this drastic decision. DEFI will sell all its held Bitcoin after August 17. Shareholders (unit holders) who do not sell their shares by the final trading day will receive a cash payout equivalent to the net asset value attributable to their holdings. This news is potentially negative for Bitcoin’s price, as it will certainly increase the supply of BTC available in the market by mid-August.
From a technical analysis perspective, BTC has been trading within a channel between the support level of $61,500 and the resistance level of $67,253 for the past one and a half months. Buyers (bulls) hold nominal momentum, as indicated by the indicators. The price is slightly above the 50-day moving average (marked in blue). RSI is slightly above 50.
Source: tradingview.com
The fear and greed index increased by four points compared to the previous week, reaching 29, indicating that extreme fear dominates the sentiment of crypto investors.
Ethereum
Ether gained 2.48% from July 31 to August 7. The price of the second-largest cryptocurrency by market cap continues to fluctuate around the $1,900 mark. As with Bitcoin, ETH’s volatility remains low, with daily price changes exceeding 2% on only two occasions over the seven-day period.
Source: tradingview.com
The amount of Ether staked has for the first time exceeded 34% of the total asset supply. Over 41.5 million ETH are now locked. This is potentially positive for the coin, as the more tokens that are staked, the fewer are available for free trading.
Source: validatorqueue.com
Ethereum developers introduced a new proposal, EIP-8361, sparking intense debate among the cryptocurrency’s enthusiast community. The primary goal of the proposal is to stop issuing rewards to validators and instead burn tokens once the amount of Ether in staking reaches 50% of the total supply. The proposal has not yet been adopted and remains in the discussion phase.
Spot Ethereum ETFs have recorded inflows for the fifth consecutive week, this time totaling $195.34 million—the largest inflow since mid-April. Investors allocated the largest portion, $164.91 million, to BlackRock’s iShares Ethereum Trust (ETHA).
Source: sosovalue.com
From a technical analysis perspective, since mid-July, the asset has been consolidating within a range between the support level of $1,800 and resistance at $1,980. Despite the lack of a rally, indicators favor bulls: the price is above the 50-day moving average (shown in blue), and the Stochastic is above the 50 level.
Source: tradingview.com
Cardano
Cardano cryptocurrency has achieved record decentralization, according to data from the analytics platform Chainspect, which shows that the Nakamoto coefficient has reached 16. The higher the value, the more independent parties are required to compromise the operation of a specific blockchain.
It is worth noting increased activity from large holders (whales) of ADA. First, the number of non-empty wallets as of early August remains smaller by 7,070 compared to two months ago. Second, according to data from the analytics platform CryptoQuant, the average size of placed orders is relatively large. Both observations indicate that the primary activity is not coming from individual retail investors.
Additionally, note the growth in the Cardano derivatives market. The open interest for this cryptocurrency increased by 27% over seven days, from $422.5 million to $537.24 million.
Source: coinglass.com
On the back of renewed trading activity and a record level of decentralization, ADA became one of the week’s top performers in the crypto market, rising nearly 19%.
Source: tradingview.com
Avalanche
The Kenya National Examinations Council (KNEC) launched a blockchain-based academic certificate verification platform on Avalanche. Approximately 30–35 million records have already been created. The blockchain platform is designed to replace the paper-based version, representing one of the most prominent uses of this technology by government institutions to date.
The real-world asset (RWA) tokenization platform Dinari announced that 724 tokenized stocks and ETFs, including the full S&P 500 index, will be available to U.S. investors on the Avalanche C-Chain, further solidifying Avalanche’s position in the financial markets.
However, spot ETFs on AVAX have shown zero flow for the eighth consecutive week.
Source: sosovalue.com
Despite the growing demand for the Avalanche blockchain in the real economy and the strengthening position of the cryptocurrency in the RWA market, this had almost no impact on the price for the week from July 31 to August 7. The movement was nearly flat.
Source: tradingview.com
Aptos
The Aptos blockchain team has announced the implementation of a new technical solution, Confidential APT, on the mainnet. It will give certain users the choice of which transaction information to keep public and which to keep private. The introduction of Confidential APT addresses the fact that blockchain data is transparent, which is not always convenient for all users. According to the Aptos team, this new feature was developed in response to the needs of enterprise clients and the goal of complying with existing regulatory requirements.
The project team reported that Confidential APT will be used for employee payouts, corporate financial transfers, and inter-organizational payments. In Aptos, they expect the new functionality to provide a competitive advantage in the data privacy market, which has grown throughout the past year.
Amid a significant technical update, the price of APT gained over 6% in a week, allowing Aptos to slightly recover from its historical low of $0.546, recorded on August 1.
Source: tradingview.com
Withdraw
The first week of August 2026 was relatively calm for major cryptocurrencies. The notable exception was Cardano, which rose nearly 20% due to whale activity and its record-level decentralization.
This material and the information contained herein are not individual or any other form of recommendation. The views of the editorial team may not align with those of analytical platforms and experts.