Bitcoin flat at $64,000 as stocks print records and Hormuz deal nears

CryptoInfo Editorial Team · Published on August 05, 2026 at 04:32 · Updated on August 05, 2026 · 1 min read

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Key Takeaways

→Bitcoin remains near $64,000
→Ether is the only major cryptocurrency down on the week
→Global stocks, as measured by MSCI's world index, have set another peak

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Bitcoin held near $64,000 as global stocks, measured by MSCI's world index, set another record high. This stability in cryptocurrency prices occurred alongside movement in traditional markets, where Brent oil prices fell in anticipation of a Hormuz deal.

According to reporting from CoinDesk, the week has seen Ether as the only major cryptocurrency to decline. The calm in Bitcoin's price suggests a stable moment for the cryptocurrency, mirroring the overall trend in stocks.

Source: CoinDesk ↗

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