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 $
- Bitcoin experienced low volatility and stagnation around $65,000, influenced by U.S. labor market data and mixed ETF flows, with one ETF liquidating.
- Ethereum saw modest gains and increased staking, while a new EIP proposal to burn tokens after 50% staking is under debate; spot ETH ETFs recorded inflows.
- Cardano achieved record decentralization, driven by whale activity, leading to a significant price surge, while Avalanche and Aptos saw developments in RWA and privacy features respectively.
Topics: Asset types, Blockchain usage, Institutional adoption, Financial instruments, Ethereum evm l 1 s, Asset manager initiatives
Tags: #bitcoin #cardano #ethereum #avalanche #aptos #spotetfs #decentralization #rwa #blockchain #interestrates
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