# Latest Crypto News Update - August 03, 2026

**Author:** CoinStats AI
**Published:** August 3, 2026 at 07:04

---

## 

> **TLDR**
> Here's the latest market recap – BTC and ETH lead a broad selloff as institutional outflows and fear dominate:
> 
> • BTC down 1.32% to $62,611, ETH down 1.39% to $1,848 – broad weakness across top 20 (3 Aug 2026)
> • BTC ETF outflows hit $526.7M over 7 days, with $265.4M leaving on 31 July alone
> • Coldcard exploit expands to $88.6M in Bitcoin losses across 4,585 addresses – move funds immediately if affected
> • CATE surges 184.91% on viral kitten video, while KAITO drops 16.99% on token-unlock fears
> • Watch BTC support at $62,000 and ETH's $1,800 defense – Fear & Greed sits at 27

# Crypto Market Recap — August 3, 2026

## Top Story

[Bitcoin](https://coinstats.app/coins/bitcoin) and [Ethereum](https://coinstats.app/coins/ethereum) both fell over the last 24 hours, with BTC down 1.32% to $62,611 and ETH down 1.39% to $1,848. The selloff hit the entire large-cap complex, dragging down [XRP](https://coinstats.app/coins/ripple), [SOL](https://coinstats.app/coins/solana), [DOGE](https://coinstats.app/coins/dogecoin), [LINK](https://coinstats.app/coins/chainlink), and [ADA](https://coinstats.app/coins/cardano) alongside the two largest assets.

The move carried real institutional weight. BTC and ETH combined for over $23.5B in 24-hour volume, signaling active repositioning rather than a quiet drift. [USDT](https://coinstats.app/coins/tether) led all coins by volume at $25.54B, pointing to active cash positioning and de-risking flows.

BTC ETF flows turned sharply negative, with $265.4M in net outflows on July 31 alone. The 7-day total reached -$526.7M, driven by heavy redemptions from IBIT (-$122.7M), [FBTC](https://coinstats.app/coins/0xc96de26018a54d51c097160568752c4e3bd6c364_mantle) (-$54.8M), and GBTC (-$52.6M). That pattern shows institutions trimming exposure into weakness, not accumulating.

Fear & Greed sentiment sat at 27 (Fear zone), reflecting the market's cautious tone. BTC derivatives remained balanced—open interest held near $48.15B, just 1.38% above the 30-day baseline—but long liquidations dominated, with $10.67M in BTC longs closed over 24 hours.

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## Major Price Moves

### Market Overview

[Bitcoin](https://coinstats.app/coins/bitcoin) ranked first at $62,611 with a 1.32% daily decline and $13.84B in 24-hour volume. [Ethereum](https://coinstats.app/coins/ethereum) ranked second at $1,848 with a 1.39% daily decline and $9.70B in volume. The two largest assets set the tone for the rest of the market, with broad weakness across the top 20.

### Top 10 Gainers

| Coin (symbol + name) | Price | 24h % | 24h Volume |
|---|---:|---:|---:|
| [CATE](https://coinstats.app/coins/Ai66LHZG9MCzg1WKdawwqduVAXpNDUuV8M3uyq5ppump_solana) — Catecoin | $0.0387 | 184.91% | $26.75M |
| [ICNT](https://coinstats.app/coins/impossible-cloud-network-token) — Impossible Cloud Network Token | $0.1874 | 46.78% | $9.68M |
| [BLESS](https://coinstats.app/coins/0x7c8217517ed4711fe2deccdfeffe8d906b9ae11f_binance_smart) — Bless | $0.0193 | 44.92% | $28.85M |
| [BICO](https://coinstats.app/coins/biconomy) — Biconomy | $0.0151 | 27.09% | $57.69M |
| [SKYAI](https://coinstats.app/coins/0x92aa03137385f18539301349dcfc9ebc923ffb10_binance_smart) — SkyAI | $0.0312 | 17.53% | $11.61M |
| [PRL](https://coinstats.app/coins/perle) — Perle | $0.2686 | 15.28% | $9.59M |
| [WAXP](https://coinstats.app/coins/wax) — WAX | $0.0043 | 13.22% | $13.14M |
| [GWEI](https://coinstats.app/coins/ethgas-2) — ETHGas | $0.0170 | 13.22% | $8.28M |
| [GIGGLE](https://coinstats.app/coins/0x20d6015660b3fe52e6690a889b5c51f69902ce0e_binance_smart) — Giggle Fund | $45.78 | 13.19% | $39.94M |
| [TUT](https://coinstats.app/coins/0xcaae2a2f939f51d97cdfa9a86e79e3f085b799f3_binance_smart) — Tutorial | $0.0191 | 12.14% | $5.72M |

### Top 10 Losers

| Coin (symbol + name) | Price | 24h % | 24h Volume |
|---|---:|---:|---:|
| [KAITO](https://coinstats.app/coins/kaito) — KAITO | $0.9675 | -16.99% | $80.75M |
| [JW7](https://coinstats.app/coins/jw7-token) — JW7 Token | $0.2963 | -7.90% | $36.56K |
| [BEAT](https://coinstats.app/coins/audiera) — Audiera | $3.6102 | -6.76% | $47.65M |
| [ONDO](https://coinstats.app/coins/ondo-finance) — Ondo | $0.3685 | -6.24% | $95.32M |
| [ZANO](https://coinstats.app/coins/zano) — Zano | $8.9979 | -5.96% | $1.45M |
| [BTSE](https://coinstats.app/coins/btse-token) — BTSE Token | $0.8961 | -5.82% | $2.76M |
| [TAG](https://coinstats.app/coins/0x208bf3e7da9639f1eaefa2de78c23396b0682025_binance_smart) — TAGGER | $0.0013 | -5.70% | $3.44M |
| [PUMP](https://coinstats.app/coins/pump-fun) — Pump.fun | $0.0021 | -5.22% | $54.44M |
| [PI](https://coinstats.app/coins/pi-network) — Pi Network | $0.0824 | -4.46% | $5.34M |
| [PENDLE](https://coinstats.app/coins/pendle) — Pendle | $1.3422 | -4.42% | $18.52M |

### Top 20 by Market Cap

| Rank | Coin (symbol + name) | Price | 24h % | Market Cap | 24h Volume |
|---:|---|---:|---:|---:|---:|
| 1 | [BTC](https://coinstats.app/coins/bitcoin) — Bitcoin | $62,611 | -1.32% | $1.256T | $13.84B |
| 2 | [ETH](https://coinstats.app/coins/ethereum) — Ethereum | $1,848 | -1.39% | $223.04B | $9.70B |
| 3 | [USDT](https://coinstats.app/coins/tether) — Tether | $0.9987 | -0.02% | $183.18B | $25.54B |
| 4 | [BNB](https://coinstats.app/coins/binance-coin) — BNB | $582.36 | -0.25% | $77.55B | $318.50M |
| 5 | [USDC](https://coinstats.app/coins/usd-coin) — USDC | $0.9998 | — | $71.91B | $5.82B |
| 6 | [XRP](https://coinstats.app/coins/ripple) — XRP | $1.0680 | -0.97% | $66.78B | $1.00B |
| 7 | [SOL](https://coinstats.app/coins/solana) — Solana | $72.58 | -1.16% | $42.18B | $1.53B |
| 8 | [TRX](https://coinstats.app/coins/tron) — TRON | $0.3260 | -0.40% | $30.94B | $225.93M |
| 9 | [STETH](https://coinstats.app/coins/staked-ether) — Lido Staked Ether | $1,848.02 | -1.44% | $17.38B | $5.13M |
| 10 | [HYPE](https://coinstats.app/coins/hyperliquid) — Hyperliquid | $52.27 | +0.16% | $11.63B | $240.24M |
| 11 | [DOGE](https://coinstats.app/coins/dogecoin) — Dogecoin | $0.0694 | -0.93% | $10.79B | $559.33M |
| 12 | [WSTETH](https://coinstats.app/coins/wrapped-steth) — Wrapped stETH | $2,293.42 | -1.68% | $8.43B | $568.99K |
| 13 | [ZEC](https://coinstats.app/coins/zcash) — Zcash | $472.57 | +0.44% | $7.93B | $515.10M |
| 14 | [WBTC](https://coinstats.app/coins/wrapped-bitcoin) — Wrapped Bitcoin | $62,673 | -1.18% | $7.28B | $51.31M |
| 15 | [ADA](https://coinstats.app/coins/cardano) — Cardano | $0.1838 | -0.29% | $6.86B | $688.45M |
| 16 | [WBETH](https://coinstats.app/coins/wrapped-beacon-eth) — Wrapped Beacon ETH | $2,036.67 | -1.42% | $6.86B | $946.94K |
| 17 | [AUDM](https://coinstats.app/coins/celo-australian-dollar) — Mento Australian Dollar | $0.7034 | +0.03% | $6.82B | $1.64K |
| 18 | [XMR](https://coinstats.app/coins/monero) — Monero | $361.80 | -0.75% | $6.80B | $42.40M |
| 19 | [WBT](https://coinstats.app/coins/whitebit) — WhiteBIT Coin | $54.45 | -1.21% | $6.42B | $18.08M |
| 20 | [LINK](https://coinstats.app/coins/chainlink) — Chainlink | $8.2256 | -1.32% | $6.15B | $201.76M |

---

## Other Key Events

### Coldcard exploit expands to $88.6 million in Bitcoin losses

Galaxy Research identified a third wave of [Bitcoin](https://coinstats.app/coins/bitcoin) thefts linked to a Coldcard firmware vulnerability, bringing total observed losses to approximately 1,367 BTC across 4,585 addresses. The latest wave alone stole 207.73 BTC.

The flaw traces to a March 2021 firmware build that routed seed generation to a predictable software randomizer instead of the device's hardware random-number generator. Attackers reconstructed vulnerable private keys offline and drained funds without accessing the physical wallets. Coinkite's security advisory specifically warned users who generated seeds on Coldcard Mk3 firmware 4.0.1 or later.

Galaxy Research warned that the attack remained active and urged affected users to move funds immediately. The exploit triggered unusual movement in small Bitcoin transactions, with Bitbo reporting approximately 39,600 BTC moved in sub-one-BTC transactions—the highest level since the FTX collapse in November 2022.

### SEC keeps Nasdaq Bitcoin options approval on hold after CME challenge

The SEC granted CME Group's petition for review of Nasdaq PHLX's proposed QBTC cash-settled [Bitcoin](https://coinstats.app/coins/bitcoin) index options. The earlier approval remains stayed while the full Commission reviews CME's jurisdictional challenge.

CME argues that the contracts are commodity option swaps subject exclusively to CFTC oversight. Nasdaq's proposed contracts would track the CME CF Bitcoin Real Time Index divided by 100. Written statements supporting or opposing the approval are due by August 24, 2026. The SEC's review does not resolve the underlying jurisdictional dispute.

### Cardano advances toward the Dijkstra development era

[Cardano](https://coinstats.app/coins/cardano)'s van Rossem hard fork moved the network to Protocol Version 11 and began the Dijkstra development era. The upgrade's development roadmap targets initial deployments by the end of 2026, including Nested Transactions, Ouroboros Leios, Linear Leios, and Peras.

Market reaction was muted despite the upgrade's significance. ADA fell 0.29% on the day, contradicting earlier reporting of a 9-10% rally tied to the upgrade narrative. The discrepancy may reflect timing differences between the upgrade announcement and the 24-hour window captured in this report.

### In Brief

- [KAITO](https://coinstats.app/coins/kaito) fell 16.99% on $80.75M volume, driven by token-unlock fears. DropsTab showed a KAITO unlock in zero days worth $25.96M, while DeFiLlama listed an August 19 unlock valued at $33.31M (13.5% of circulating float).
- [ONDO](https://coinstats.app/coins/ondo-finance) dropped 6.24% on $95.32M volume amid macro de-risking and whale profit-taking. Non-exchange whale holdings declined from 7.6B to 7.58B ONDO, representing $7.8M in tokens.
- [CATE](https://coinstats.app/coins/Ai66LHZG9MCzg1WKdawwqduVAXpNDUuV8M3uyq5ppump_solana) surged 184.91% on $26.75M volume, driven by a viral kitten video posted by Atsuko Sato (Kabosu's owner) and subsequent exchange listings on LBank and KuCoin. Sato explicitly denied affiliation with the token on July 28.
- [ICNT](https://coinstats.app/coins/impossible-cloud-network-token), [BLESS](https://coinstats.app/coins/0x7c8217517ed4711fe2deccdfeffe8d906b9ae11f_binance_smart), and [BICO](https://coinstats.app/coins/biconomy) posted outsized gains (46.78%, 44.92%, and 27.09% respectively) with no confirmed catalysts identified. The rallies appear driven by speculative rotation into smaller caps rather than project-specific news.
- [PUMP](https://coinstats.app/coins/pump-fun) fell 5.22% on $54.44M volume, continuing pressure on the Pump.fun ecosystem token.

---

## What to Watch

- **[BTC](https://coinstats.app/coins/bitcoin) support at $62,000.** A break below that level would put the $60,000 area in focus and test whether the current Fear-zone sentiment deepens into capitulation.
- **[ETH](https://coinstats.app/coins/ethereum) round-number defense at $1,800.** The next 24 hours will show whether buyers defend that psychological level or allow a retest of $1,750.
- **BTC ETF flows on the next print.** Watch whether the -$526.7M 7-day outflow streak extends or reverses. Sustained redemptions would signal institutional de-risking; inflows would suggest accumulation into weakness.
- **[KAITO](https://coinstats.app/coins/kaito) follow-through on the unlock.** Another heavy-volume red session would confirm distribution. Monitor DropsTab and DeFiLlama for clarification on the exact unlock date and amount.
- **SEC comment deadline on Nasdaq Bitcoin options (August 24, 2026).** The outcome will determine whether U.S. spot-index options trading expands beyond CME's existing framework.

---

## Charts

{{chart/mWZ93XR3PlbhYHE}}

**BTC Open Interest — 30-Day Trend:** The chart above shows [Bitcoin](https://coinstats.app/coins/bitcoin) derivatives positioning over the past month. Open interest held near $48.15B, just 1.38% above the 30-day baseline, indicating balanced leverage despite the spot-price decline. The lack of a sharp OI collapse suggests institutional liquidations were orderly rather than cascading, consistent with the measured 1.32% daily drop.

{{chart/l8Oit0bfdZI9C1D}}

**Fear & Greed Index — 30-Day Trend:** Sentiment has remained in the Fear zone (27) leading into August 3, reflecting cautious market psychology. The index trajectory over the past month provides context for whether current fear levels represent capitulation or early-stage de-risking.

---

**Sources:**

- [Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million — CoinDesk](https://www.coindesk.com/tech/2026/08/02/bitcoin-cold-wallet-attack-spreads-to-4-500-addresses-as-losses-near-usd89-million)
- [Coldcard Bitcoin Exploit Balloons to $88 Million as Attackers Keep Draining Wallets — Decrypt](https://decrypt.co/374817/coldcard-bitcoin-exploit-88-million-attackers-draining-wallets)
- [COLDCARD wallet RNG flaw likely linked to $88 million Bitcoin theft — BleepingComputer](https://www.bleepingcomputer.com/news/security/coldcard-wallet-rng-flaw-likely-linked-to-88-million-bitcoin-theft/)
- [Mk3 Security Advisory — Coinkite](https://blog.coinkite.com/coldcard-mk3-seed-generation-warning/)
- [Update: Coldcard hack just grew to $89M — TheStreet](https://www.thestreet.com/crypto/markets/coldcard-hack-just-grew-to-75m-call-your-friends)
- [SEC keeps Nasdaq bitcoin options on hold after granting CME review — The Block](https://www.theblock.co/post/410373/sec-keeps-nasdaq-bitcoin-options-on-hold-after-granting-cme-review)
- [SEC sets Aug. 24 deadline in Nasdaq Bitcoin options review — crypto.news](https://crypto.news/sec-sets-aug-24-deadline-in-nasdaq-bitcoin-options-review/)
- [SEC Order 34-106005](https://www.sec.gov/files/rules/other/2026/34-106005.pdf)
- [ADA Price Jumps 10% While Cardano Turns Toward Its Next Big Upgrade Era — BeInCrypto](https://beincrypto.com/cardano-ada-rally-dijkstra-era-preparations/)
- [ADA Price Jumps 10% While Cardano Turns Toward Its Next Big Upgrade Era — CryptoRank](https://cryptorank.io/news/feed/e15b2-cardano-ada-rally-dijkstra-era-preparations)
- [Cardano plans major Dijkstra hard fork with three upgrades — Pluang](https://pluang.com/en/news-feed/cardano-menuju-era-dijkstra-tiga-proyek-percepat-kinerja)
- [SOL meme coin CATE surpasses $9.5M market cap with over 230x daily gains — KuCoin](https://www.kucoin.com/news/flash/sol-meme-coin-cate-surpasses-9-5m-market-cap-with-over-230x-daily-gains)
- [Solana memecoin CATE surges 230x after Kabosu owner shares kitten video, then cools — Dailyhunt](https://m.dailyhunt.in/news/india/english/bitcoin+world+news-epaper-btcinwld/solana+memecoin+cate+surges+230x+after+kabosu+owner+shares+kitten+video+then+cools-newsid-n721069294)
- [LBank Updates: CATE listing announcement](https://x.com/LBankUpdates/status/2081572184888410457)
- [CateCoin Price: CATE/USD Live Price Chart — CoinGecko](https://www.coingecko.com/en/coins/catecoin-3)
- [Catecoin Price Today — Bybit](https://www.bybit.kz/en-KAZ/price/catecoin-3/)
- [CateCoin trademark statement](https://x.com/catecoin/status/2082795096676958410)
- [Kabosu's Owner Clarifies CATE Token Is Unrelated — WEEX](https://www.weex.com/news/detail/kabosus-owner-clarifies-cate-token-is-unrelated-only-recognizes-dog-and-cocoro-projects-smd3qxwk7jf34jjsgfsjj558)
- [Over $1.28B in Token Unlocks Scheduled for Next Month — KuCoin](https://www.kucoin.com/news/flash/over-1-28b-in-token-unlocks-scheduled-for-next-month)
- [PA Infographic: A glance at major Web3 events in August 2026 — PANews](https://www.panews.io/articles/019fb763-2f6c-70d1-903f-7a3dcb712737)
- [Kaito Token Unlocks, Vesting Schedule & Tokenomics — DropsTab](https://dropstab.com/coins/kaito/vesting)
- [Kaito Token Unlocks & Vesting Schedule — DeFiLlama](https://defillama.com/unlocks/kaito)
- [Crypto market's weekly winners and losers — AMBCrypto](https://ambcrypto.com/crypto-market-weekly-review-02-august/)
- [Ondo Price Drops Amid Macro Shocks and Whale Selling — Guavy](https://guavy.com/wire/crypto/ondo-price-drops-amid-macro-shocks-and-whale-selling-3gvfEmrrCCwj8h3bb7jBTO)
- [Ondo (ONDO) Price Drop: Macro Shocks, Whale Activity — CoinMarketCap](https://coinmarketcap.com/top-stories/6a6ff73e02cf650759597fbd/)
- [Ondo Finance Unveils Execution Network as Next Evolution of Ondo Chain — Crowdfund Insider](https://www.crowdfundinsider.com/2026/08/294104-ondo-finance-unveils-execution-network-as-next-evolution-of-ondo-chain)
- [Ondo Finance](https://ondo.finance/)
- [Ondo Network announcement](https://x.com/Ondo/status/2083951523453649058)
- [BTC Users Move 39,600 BTC in Small Transactions — Bitbo](https://bitbo.io/news/coldcard-hack-losses-bitcoin-moves)
- [CoinStats market data](https://coinstats.app/)

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## Related Questions

- What caused the Coldcard firmware vulnerability to route seed generation to software?
- How do the current BTC ETF outflows compare to historical institutional de-risking periods?
- What specific Cardano upgrades under Dijkstra could impact ADA's long-term price?

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*This article was generated by [CoinStats AI](https://coinstats.app/ai)*