Bitcoin Approaches $64,000 Amid Broader Market Gains

CRYPTO

Bitcoin Approaches $64,000 Amid Broader Market Gains

CRYPTO

Bitcoin Approaches $64,000 Amid Broader Market Gains

Bitcoin neared the $64,000 mark, posting a 1.9% increase in the past 24 hours, while most other major cryptocurrencies also rose. This comes as traders appear unshaken by recent sales of BTC and notable wallet activity, even as Asian equities experienced a downturn linked to AI-related market concerns.

Aug 4, 2026, 9:20 AM - Source: CoinDesk

Bitcoin's price moved close to $64,000 after registering a 1.9% gain over the last 24 hours, according to source-reported market data. This upward momentum occurred despite recent BTC sales by prominent investors and ongoing activity involving Coldcard wallets. Aside from ether, which registered losses, most major cryptocurrencies demonstrated gains for the week.

Meanwhile, Asian equity markets faced a decline, which some market participants attributed to uncertainty over AI-driven trading strategies. Crypto analysts suggest that, for now, digital asset traders are not expressing major concern over large-scale sales or technical wallet movements, focusing instead on broader crypto market trends. However, the reaction of traditional markets underscores ongoing volatility and the mixed sentiments within global investment landscapes.

Market observers continue to monitor how these factors will influence both crypto and conventional financial systems moving forward.

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Original source link: https://www.coindesk.com/markets/2026/08/04/bitcoin-nears-usd64-000-as-traders-look-past-the-fourth-coldcard-sweep

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