Crypto Market Today: Majors Steady as Bitcoin ETF Inflows Offset Coldcard Wallet Scare
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Last Updated: August 2, 2026
The crypto market is broadly steady on August 2, 2026, with Bitcoin holding above $63,000 on fresh spot ETF inflows and on-chain accumulation, even as a major hardware wallet security incident continues generating discussion across the industry. XRP leads gains among majors, up 1.72%, while most other large-cap assets trade in narrow ranges.
Key Takeaways
- Bitcoin trades at $63,102.45 (+0.14%), supported by fresh ETF inflows and on-chain accumulation despite seasonal August caution
- A Coldcard hardware wallet firmware bug drained roughly 594 BTC (about $38 million) from around 500 wallets in a 25-minute sweep on July 31, one of the largest self-custody security incidents in years
- Bitcoin closed July up roughly 7%, its best monthly finish in the current cycle, immediately followed by August, which has posted losses in each of the past four years
- XRP is today’s standout gainer among majors, up 1.72%, with attention turning to next week’s expected XRP Ledger 3.3.0 software release
- Zcash continues its post-Ironwood recovery, up 1.94% today as confidence builds nearly a week after the upgrade’s successful activation
- HBAR’s underperformance streak against the broader market extends to a third day, though the gap has narrowed noticeably since earlier this week
Market Overview
| Asset | Price | 1h | 24h | 7d |
|---|---|---|---|---|
| Bitcoin (BTC) | $63,102.45 | -0.08% | +0.14% | -2.08% |
| Ethereum (ETH) | $1,860.23 | -0.30% | -0.26% | -1.36% |
| Tether (USDT) | $0.9989 | -0.00% | -0.00% | -0.02% |
| BNB (BNB) | $582.68 | -0.06% | +0.46% | +2.15% |
| USDC (USDC) | $0.9998 | +0.01% | +0.01% | -0.01% |
| XRP (XRP) | $1.08 | +0.09% | +1.72% | -1.80% |
| Solana (SOL) | $73.11 | -0.00% | +0.44% | -2.46% |
| TRON (TRX) | $0.3262 | +0.01% | -0.38% | -1.74% |
| Hyperliquid (HYPE) | $51.41 | +0.20% | -1.19% | -12.59% |
| Dogecoin (DOGE) | $0.06999 | +0.10% | +0.33% | -4.47% |
| Zcash (ZEC) | $472.09 | -0.17% | +1.94% | -4.30% |
What’s Driving the Market Today
Bitcoin ETF inflows and accumulation offset seasonal caution. Fresh spot ETF inflows and continued on-chain accumulation are helping Bitcoin hold above $63,000, even as August has historically been a challenging month for crypto, posting losses in each of the past four years.
Coldcard hardware wallet exploit reverberates. A firmware bug that silently disabled hardware randomness generation since 2021 allowed an attacker to drain roughly 594 BTC (about $38 million) from around 500 wallets in a 25-minute sweep on July 31. The incident has reignited self-custody security debates industry-wide, though it’s had limited visible impact on Bitcoin’s broader price so far.
XRP leads on Ledger upgrade anticipation. XRP’s 1.72% gain today comes as attention turns to next week’s expected XRP Ledger 3.3.0 release, which carries five proposed protocol amendments, including two previously withdrawn after researchers found bugs.
Zcash extends its post-Ironwood recovery. ZEC is up 1.94% today, continuing a recovery pattern that’s taken hold in the days since the network’s Ironwood upgrade activated successfully on July 28.
HBAR’s underperformance streak narrows. The token remains behind the broader market for a third straight day, though the gap has narrowed from roughly 3 percentage points earlier in the week to about 0.4 percentage points now.
Regulatory Watch
The Senate’s summer recess, beginning around August 7, effectively closes the near-term window for CLARITY Act passage absent rapid movement beforehand. Friday’s US jobs report and the August 12 CPI release are the next major macro catalysts likely to shape the path toward the Fed’s September rate decision.
For asset-specific coverage, see Bitcoin news today, Ethereum news today, XRP news today, Dogecoin’s price page, Zcash news today, HBAR news today, and today’s top crypto headlines.
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