Bitcoin edged up 1.70% to $64,529 on August 5, riding a wave of fresh capital pouring into spot exchange-traded funds. Ether followed suit with a 2.11% gain to $1,920, while the broader market showed modest strength across major holdings.
The move signals renewed institutional interest in digital assets. According to market observers, the ETF inflows have provided a steady bid under Bitcoin at a time when sentiment had grown fragile. Smaller-cap tokens, however, stole the spotlight. PUMP and HYPE tokens dominated altcoin gainers, outpacing established names like Solana, which climbed just 1.04% to $74.
The rest of the top-10 painted a mixed picture. Ripple's XRP led with a 3.03% jump to around $1, while BNB gained 1.02% and Dogecoin added 0.95%. Stablecoin USDC barely budged, slipping 0.01% to $0.9998. The divergence between blue-chip holdings and speculative altcoins shows where traders are placing fresh bets right now, a pattern that typically emerges when risk appetite picks up after periods of caution.
This article is for informational purposes only and should not be construed as financial advice. Always conduct your own research before making investment decisions.
