Bitcoin News Today: BTC Slips to $62,619 as Big Holders Sell and Coldcard Attacks Continue

Last Updated: August 3, 2026

Bitcoin is trading at $62,618.63 as of August 3, 2026, down 0.78% over the past 24 hours and down 4.00% over the past week, starting the new week under pressure as large holders sell into strength and a fourth wave of Coldcard hardware wallet attacks unsettles self-custody sentiment.

Key Takeaways

• Bitcoin trades at $62,618.63, down 0.78% today and down 4.00% over the past week
• A fourth wave of Coldcard hardware wallet attacks drained roughly 389 BTC from affected users, extending a security saga that began with a firmware bug disclosed on July 31
• Large Bitcoin holders have been selling into recent strength, a pattern analysts say has discouraged the usual dip-buying demand that typically cushions pullbacks
• Bitcoin’s price action is currently tracking gold with roughly 63% correlation, reflecting a broader shift toward safe-haven positioning during the current bout of uncertainty
• Today’s ISM manufacturing survey data for July is the first of several macro releases this week, with consensus expecting a recovery to 54.0

Market Overview

Metric	Value
Price	$62,618.63
1h Change	-0.16%
24h Change	-0.78%
7d Change	-4.00%
Market Cap	$1.25T
24h Volume	$17.82B
Circulating Supply	20.06M BTC

Bitcoin Price Today

BTC has extended its pullback to start the new week, dragging the broader market lower as it did through much of the prior session. Large holder selling has been a persistent theme, discouraging the kind of dip-buying that typically emerges to cushion pullbacks like this one. The renewed Coldcard hardware wallet attacks — now in a fourth wave since the initial disclosure on July 31 — are adding to a cautious mood around self-custody security more broadly.

Support and Resistance

Level	Price
Resistance 2	$64,000
Resistance 1	$63,100
Current Price	$62,619
Support 1	$61,500
Support 2	$60,000

Bitcoin ETF News Today

Institutional flow data remains a key signal to watch as large individual holders continue selling into recent strength. Whether ETF inflows can offset that selling pressure will likely determine if Bitcoin can stabilize above its current support levels or extend the pullback further as the week progresses.

Why Is Bitcoin Down Today?

Bitcoin’s decline today reflects a combination of persistent large-holder selling and renewed security concerns following a fourth wave of Coldcard hardware wallet attacks, which drained roughly 389 BTC from affected users. Analysts note that Bitcoin is currently trading with an unusually high correlation to gold, around 63%, suggesting capital is rotating toward traditional safe-haven positioning during this bout of uncertainty rather than exiting risk assets entirely.

What This Means for the Days Ahead

Today’s ISM manufacturing survey is the first of several macro data points this week, with the CLARITY Act’s effective deadline — the Senate’s summer recess beginning around August 7 — also on the near-term calendar. Whether large-holder selling pressure eases and dip-buying demand returns will likely determine whether Bitcoin stabilizes above $61,500 support or extends its recent slide.

For broader market context, see crypto market today and today’s top crypto headlines. See how Ethereum and XRP are trading today, and check Zcash news today and HBAR news today for coverage of the rest of the market.