Last Updated: August 10, 2026
On August 10, 2026, Bitcoin was valued at approximately $65,016, seeing a slight increase in the last 24 hours. US spot Bitcoin ETFs reported their most robust week since April, attracting $854 million in net inflows. This positive momentum comes despite a contentious minority-chain fork attempt and ongoing security concerns related to Coldcard wallets, which have left market participants feeling wary.
Key Highlights
- Bitcoin is priced at $65,015.83, reflecting a 0.41% increase over the last day, while its dominance in the cryptocurrency market remains near 57.2%.
- Between August 3 and 7, US spot Bitcoin ETFs garnered $854 million, marking their best week since April. This follows a five-week trend of positive inflows; combined with Ethereum ETFs’ inflows of $245 million, the two asset classes attracted a total of $1.1 billion in demand that week.
- The BIP-110 minority-chain fork attempted to mine two blocks but stalled about seven blocks behind the main chain due to low miner support and vocal opposition from key opinion leaders.
- Bitcoin mining firm MARA has pledged 18,750 BTC (roughly $1.2 billion) as collateral for $600 million in financing, after revealing it sold over $1.5 billion in BTC during the first half of 2026.
- According to Santiment, 2.27 million new Bitcoin wallets were created amid ongoing concerns regarding Coldcard hardware wallet custody, as on-chain activity reached a 2026 high.
Overview of the Bitcoin Market
| Metric | Value |
|---|---|
| Price | $65,015.83 |
| 24h Change | +0.41% |
| Market Cap | $1.30 trillion |
| 24h Volume | $14.08 billion |
| Circulating Supply | 20.07 million BTC |
Today’s Bitcoin News: Market Analysis
Bitcoin is stabilizing around the $65,000 mark, with institutional ETF demand acting as a strong support. The $854 million weekly inflow, primarily driven by BlackRock’s IBIT, marks the highest inflow week since April, extending a five-week run of positive inflows, and solidifying the notion that large investors are actively buying despite short-term market fluctuations.
Meanwhile, the BIP-110 fork attempt, which briefly diverged from the main network, failed to gain traction and underscored a lack of support among miners and the wider community for unilateral changes to the protocol without adherence to established governance practices.
Current Support and Resistance Levels
| Level Type | Price |
|---|---|
| Immediate Resistance | $66,000–$67,000 |
| Key Resistance | $69,000 (short-term holder cost basis) |
| Immediate Support | $64,000 |
| Key Support | $62,500 |
Reasons Behind Bitcoin’s Trend Today
Bitcoin is making headlines due to strong ETF inflows, which represent the highest weekly performance since April. This coincides with the unusual BIP-110 fork attempt that testing the network’s ability to handle unilateral changes. Additionally, MARA’s choice to use a significant Bitcoin holding as collateral instead of liquidating it is seen as indicative of how large miners are strategically managing their balance sheets without increasing market sell pressure. For a comprehensive overview of the market, visit the Crypto Market Today, and for other news, check out Crypto News Today. For detailed insights into Bitcoin’s price movements and historical patterns, explore our Bitcoin Price Page.
Implications for the Upcoming Days
With no major US legislative deadlines this week, attention will now shift to the upcoming CPI report for July on Wednesday, which is expected to be the next influencer of Fed policy expectations. Should ETF inflows continue at this pace, it could support Bitcoin in maintaining levels above $64,000. Conversely, renewed selling pressure related to Coldcard security concerns or a general risk-off sentiment as a result of the CPI report could challenge existing support levels.
To monitor the performance of other significant assets alongside Bitcoin, visit Ethereum News Today, XRP News Today, Zcash News Today, and Hedera (HBAR) News Today.
Compare Today’s Cryptocurrency Prices
Purchasing Bitcoin
Bitcoin is available for purchase on prominent exchanges such as Binance, Coinbase, Kraken, KuCoin, Gate.io, OKX, and Bybit.
This article is intended for informational purposes only and should not be considered as financial advice. Cryptocurrency markets are highly volatile; always conduct your own research prior to investing.
Frequently Asked Questions
What is the current price of Bitcoin?
As of August 10, 2026, Bitcoin is trading at $65,015.83, reflecting a 0.41% increase in the past 24 hours. This rise coincides with strong institutional support from spot Bitcoin ETFs, marking their highest weekly inflow since April, allowing BTC to remain steady within the mid-$65,000 range despite a relatively calm macroeconomic calendar this week.
What is BIP-110 and does it pose a threat to Bitcoin?
BIP-110 represents a minority-chain fork attempt that managed to mine two blocks but fell approximately seven blocks behind the primary network. It attracted little miner support and faced opposition from key commentators, resulting in negligible impact on Bitcoin’s price or security, although it did reignite discussions about the risks associated with unilateral protocol changes beyond established governance frameworks.
Why did MARA opt to use Bitcoin as loan collateral instead of selling it?
MARA chose to use 18,750 BTC, valued at roughly $1.2 billion, as collateral for a $600 million loan, allowing them to raise funds without directly adding to market sell pressure. This contrasts with the $1.5 billion in BTC the company sold outright in the first half of 2026, showcasing two distinctly different strategies large miners adopt to manage liquidity.
What are the main support and resistance levels for Bitcoin currently?
Immediate resistance is noted at around $66,000 to $67,000, while the short-term holder cost basis is identified near $69,000, which is pivotal for a sustainable recovery towards previous highs. Immediate support is seen at $64,000, with $62,500 as the next significant support level should broader market sentiment weaken or ETF inflows diminish substantially in the upcoming weeks.
Are Bitcoin ETF inflows still strong in August 2026?
Absolutely. In the week from August 3 to 7, US spot Bitcoin ETFs attracted $854 million, marking their most robust performance since April, during a five-week trend of positive inflows. Coupled with $245 million in Ethereum ETF inflows during the same interval, both Bitcoin and Ethereum ETFs collectively gathered $1.1 billion in new institutional investment in just one week.
How does Bitcoin’s current price compare to its all-time high?
Currently, Bitcoin is trading significantly below its all-time high of $126,198 reached on October 6, 2025, marking approximately a 48% decrease from that peak. Despite this decline, Bitcoin has performed relatively better than many alternative coins during the same timeframe, supported by ongoing institutional demand for ETFs throughout much of 2026, which has continuously mitigated deeper price corrections.