Bitcoin
From August 7 to August 14, 2026, Bitcoin decreased by 2.39%. Most of the week, five out of seven trading sessions, ended in negative territory. However, volatility remained low, with BTC’s daily price movement not exceeding 1.5% on any day.
Source: tradingview.com
On August 12, U.S. authorities released July inflation data. The Consumer Price Index stood at 3.4%, matching the consensus forecast. It declined by 0.1% compared to June. Core inflation, which excludes volatile items such as food and energy, came in at 2.5%, also matching the consensus forecast and falling 0.1% from June. Despite generally positive data, price growth remains above the Federal Reserve’s 2% target.
The probability of a cut to the key interest rate at the regulator’s upcoming September meeting is extremely low. On Polymarket, the most popular outcome, priced at 67%, is that the rate will remain unchanged. Another 33% believe it will rise by 25 basis points. This trend is unfavorable for Bitcoin, as loans won’t become cheaper, and investor risk appetite is unlikely to increase.
Source: polymarket.com
Spot Bitcoin ETFs recorded a weekly outflow of $332.08 million. Investors withdrew the largest amount, $146.4 million, from Fidelity’s Fidelity Wise Origin Bitcoin Fund (FBTC).
Source: sosovalue.com
Bitcoin isn't rising because major players in mid-year have preferred to sell their assets. Strategy (formerly MicroStrategy), the company with the largest BTC reserve, has been selling off cryptocurrency for four consecutive weeks. In the latest tranche, 1,637 BTC (approximately $103 million) were sold.
Formerly a mining company, now refocused on artificial intelligence, HUT 8 disposed of 493 BTC (over $31 million). Riot Platforms, which operates in the same market segment, sold 4,300 coins (over $271 million), according to its financial report for the second quarter of the year.
The sales have perfectly understandable reasons. Strategy has an obligation to meet its debt commitments to investors, and U.S. miners have faced an unfavorable market environment for BTC mining.
From a technical analysis perspective, Bitcoin remains in a sideways range. The lack of a trend is confirmed by the low value of the ADX indicator—12.37. Additionally, the price fluctuates above and below the 50-day moving average (marked in blue), which is characteristic of consolidation zones. The nearest support and resistance levels on the daily chart remain unchanged from last week: $61,650 and $67,253.
Source: tradingview.com
The value of the fear and greed index remained unchanged from last week at 29. This level indicates that fear continues to dominate the sentiment among crypto investors.
Ethereum
From August 7 to 14, Ether decreased by 1.71%. ETH continues to stagnate around $1,900. As with Bitcoin, Ether’s volatility remains low; daily price changes over the past week did not exceed 2% at the close of each trading session.
Source: tradingview.com
Despite the decline in ETH's price, user engagement on the Ethereum network is gradually recovering. According to the analytics platform Santiment, on one day last week, the number of active addresses reached 989,500—the highest daily figure since March. The increase in user activity indicates continued interest in the Ethereum ecosystem.
Spot Ethereum ETFs, after five consecutive weeks of net inflows, recorded a net outflow of $22.6 million. Investors withdrew the largest amount, $163.9 million, from BlackRock’s iShares Ethereum Trust (ETHA).
Source: sosovalue.com
We also note that Ethereum remains an inflationary cryptocurrency; its issuance exceeds the amount of ETH burned. Although the inflation rate is relatively low at just 0.856%, the supply continues to increase, exerting some downward pressure on the price.
Source: ultrasound.money
From a technical analysis perspective, Ether has been trading sideways since mid-July between the support level of $1,800 and resistance at $1,980. Indicators suggest a slight advantage for buyers (bulls) over sellers (bears). The price is above the 50-day moving average (shown in blue), and the RSI value is slightly above 50.
Source: tradingview.com
Ripple
As a result of the Coreum cross-chain bridge exploit on August 9, 200,000 XRP were stolen. The attackers’ operation lasted 97 minutes. The attackers exploited a vulnerability in the bridge related to deposit verification. The XRPL blockchain itself was not compromised.
Spot ETFs on XRP have recorded capital inflows for the fifth consecutive week. This time, the inflow amounted to $2.25 million, all of which went to Bitwise’s Bitwise XRP ETF (XRP).
Source: sosovalue.com
Negative sentiment from the Coreum bridge hack slightly outweighed the positive momentum from spot ETFs on XRP. For the week, the price of Ripple’s cryptocurrency fell by 1.7%. Moreover, at one point, it dropped below $1—the first time in twenty months.
Source: tradingview.com
Cardano
On August 7, Grayscale withdrew its application to the Securities and Exchange Commission (SEC) for an ADA exchange-traded fund—Cardano Trust ETF. Interestingly, this occurred two days before the six-month anniversary of Cardano futures trading on the Chicago Mercantile Exchange (CME). Six months of derivative trading in a cryptocurrency is one of the criteria for ETF eligibility, though not a guarantee. In addition to withdrawing the ETF application, Grayscale withdrew its claims for similar products tied to the prices of Hedera and Polkadot.
The news had a negative impact on ADA. By the end of the week from August 7 to 14, the coin's price fell by 9.53%. All seven trading sessions ended in negative territory.
Source: tradingview.com
Monero
From August 7 to 14, there was a significant surge in activity in derivatives markets related to the privacy-focused cryptocurrency Monero (XMR). Over the week, open interest rose from $139.27 million to $178.7 million, increasing by over 28% and reaching its highest level since January.
Source: coinglass.com
Against this backdrop, XLM showed positive momentum, with a seven-day increase of 5.32%. On August 9, Monero even surpassed the $400 mark for the first time in two months, though it later dipped slightly in price.
Source: tradingview.com
Withdraw
The second week of August ended with most cryptocurrencies declining. The main catalyst for the negative momentum in digital assets was inflation in the United States. Although the dollar has stopped depreciating, prices remain above the Fed’s target levels.
This material and the information contained herein are not individual or any other form of recommendation. The editorial opinion may not align with the views of analytical platforms and experts.