Live updates: Bitcoin flirts with $64,000 as stocks start strong in August

CryptoInfo Editorial Team · Published on August 03, 2026 at 10:29 · Updated on August 04, 2026 · 1 min read

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Key Takeaways

→Bitcoin's price has been trending upwards, nearing $64,000
→ARP Digital's Yusuf Fakhro attributes bitcoin's weakness to stalled participation rather than forced selling
→ETF flows have turned negative, with CME open interest back at 2023 levels

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

Bitcoin's price has been trending upwards, nearing $64,000 as stocks start strong in August.

According to ARP Digital's Yusuf Fakhro, bitcoin's current weakness is more reflective of stalled participation rather than forced selling.

Fakhro points to several indicators, including ETF flows turning negative, CME open interest returning to 2023 levels, and Strategy being idle for a fifth straight week, as evidence of this trend.

This analysis is based on reporting from CoinDesk.

Source: CoinDesk ↗

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