Crypto Market Today: Total Cap Near $2.28 Trillion as Traders Await July Jobs Report

Last Updated: August 7, 2026

The global crypto market capitalization stood near $2.28 trillion on August 7, 2026, roughly flat to slightly lower over the past 24 hours, as traders held positioning ahead of the US July jobs report, due at 8:30 a.m. ET, the macro catalyst most likely to set direction into the weekend.

Key Takeaways

• Total crypto market cap sits near $2.28 trillion, with total trading volume around $49 billion; Bitcoin dominance holds near 56.7%, with Ethereum around 10.1%.
• Today’s July jobs report is the key macro catalyst, with pre-release estimates ranging roughly from 85,000 to 120,000 new jobs; a weak print would likely boost September Fed rate-cut odds.
• The Coldcard hardware wallet hack’s confirmed losses have climbed to roughly $130 million per Galaxy Research, up from the $100 million range reported earlier in the week.
• The US Senate has confirmed it will not vote on the CLARITY Act before its summer recess, pushing the bill’s next realistic window to September.
• The Crypto Fear & Greed Index has improved to around 39, still “Fear” territory but up from “Extreme Fear” readings earlier in the week; stablecoin market cap remains under pressure, down roughly 4.9% over 24 hours.

Market Overview

Asset	Price	24h %	7d %	Market Cap
Bitcoin (BTC)	$64,856.44	+0.37%	+1.92%	$1.3T
Ethereum (ETH)	$1,915.30	+0.49%	+1.79%	$231.14B
XRP	$1.03	-0.94%	-3.39%	$64.78B
Solana (SOL)	$73.62	+0.37%	+0.31%	$42.85B
Dogecoin (DOGE)	$0.06951	+0.41%	+0.18%	$11.89B
Zcash (ZEC)	$509.53	+1.41%	+11.48%	$8.56B

Today’s Market Analysis

Markets are in a holding pattern ahead of today’s jobs report, which will offer the clearest signal yet on whether the Federal Reserve is likely to cut rates at its September meeting. Wednesday’s ADP private-payrolls data came in soft, at just 44,000 versus a roughly 75,000 consensus, adding to the case for a weaker BLS print, though official and private-sector data have diverged before. A weak number would likely be read as supportive for risk assets broadly, including crypto.

Beneath the macro overhang, two crypto-specific stories continued developing: the Coldcard hardware wallet hack’s confirmed losses climbed to roughly $130 million, and the Senate confirmed it would not vote on the CLARITY Act before recess, a blow to XRP in particular, which posted the worst weekly performance among majors. Zcash bucked the cautious tone entirely, extending its weekly gain to nearly 11.5% on continued asset-specific momentum ahead of its August 25 NU7 upgrade vote.

Why Is the Crypto Market Moving Today?

Three forces are shaping today’s session: anticipation of the July jobs report and its implications for Fed policy; the confirmed CLARITY Act delay weighing on XRP and broader regulatory sentiment; and the growing Coldcard hack toll, which continues to reinforce caution around self-custody even as ETF-eligible large caps hold up better than altcoins. For deeper dives into individual assets, see Bitcoin News Today, Ethereum News Today, XRP News Today, Zcash News Today, Hedera (HBAR) News Today, and Dogecoin Price. For the day’s broader headlines, see crypto news today.

What This Means for the Days Ahead

Today’s jobs report is likely to be the dominant driver of price action into next week, with a weak print potentially providing a tailwind for risk assets and a strong one reinforcing near-term caution. Beyond the data, the Coldcard investigation remains open-ended, with a suspected fourth attack wave still unconfirmed, while the crypto industry’s regulatory attention now shifts toward whether the CLARITY Act can gain traction once the Senate returns in September.

Compare Crypto Prices Today

Asset	Price Page
Bitcoin	Bitcoin Price
Ethereum	Ethereum Price
XRP	XRP Price
Solana	Solana Price
BNB	BNB Price
TRON	TRON Price

Where to Buy Crypto

Cryptocurrencies can be bought on major exchanges including Binance, Coinbase, Kraken, KuCoin, Gate.io, OKX, and Bybit.

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile; always do your own research before investing.