Recently, the Crypto Assets market has shown a fluctuating trend. The price of Bitcoin has fallen, currently trading at about $113,231, with a drop of 3%. Mainstream Tokens like Ethereum and Solana have also decreased by 6% and 5%, respectively. This adjustment has resulted in a market liquidation scale exceeding $490 million in the past day.
At the same time, the Crypto Assets ETF market shows significant differentiation in performance. The Ethereum ETF continues to attract funding, with net inflows exceeding $5 billion in July, maintaining positive fund flow for 20 consecutive days. In contrast, the Bitcoin ETF experienced a single-day outflow of $1.14 billion at the end of July.
In terms of the company's financial report, the well-known crypto assets exchange Coinbase announced that its second-quarter performance did not meet market expectations. The company reported revenue of $1.5 billion, lower than analysts' forecast of $1.59 billion, leading to a significant decline of 12% in its share price during pre-market trading.
Despite the weak short-term market performance, there remains an optimistic outlook for the long-term prospects. Some technical analysis experts believe that the price of Bitcoin is expected to break through the $140,000 mark within this year. However, there are also views that the crypto assets market may enter a new bear market cycle in 2026.
Looking ahead to the market in August, some market prediction models indicate that Bitcoin may achieve a 12.5% increase before the end of the month, potentially reaching a price of $133,300. It is worth noting that the futures price gap of the Chicago Mercantile Exchange (CME) has been fully filled, which may provide some support for the market trend.
Overall, the crypto assets market remains in a state of high uncertainty, and investors need to closely monitor various factors such as changes in global economic policies, the flow of institutional funds, and technical indicators to grasp market trends.
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Recently, the Crypto Assets market has shown a fluctuating trend. The price of Bitcoin has fallen, currently trading at about $113,231, with a drop of 3%. Mainstream Tokens like Ethereum and Solana have also decreased by 6% and 5%, respectively. This adjustment has resulted in a market liquidation scale exceeding $490 million in the past day.
At the same time, the Crypto Assets ETF market shows significant differentiation in performance. The Ethereum ETF continues to attract funding, with net inflows exceeding $5 billion in July, maintaining positive fund flow for 20 consecutive days. In contrast, the Bitcoin ETF experienced a single-day outflow of $1.14 billion at the end of July.
In terms of the company's financial report, the well-known crypto assets exchange Coinbase announced that its second-quarter performance did not meet market expectations. The company reported revenue of $1.5 billion, lower than analysts' forecast of $1.59 billion, leading to a significant decline of 12% in its share price during pre-market trading.
Despite the weak short-term market performance, there remains an optimistic outlook for the long-term prospects. Some technical analysis experts believe that the price of Bitcoin is expected to break through the $140,000 mark within this year. However, there are also views that the crypto assets market may enter a new bear market cycle in 2026.
Looking ahead to the market in August, some market prediction models indicate that Bitcoin may achieve a 12.5% increase before the end of the month, potentially reaching a price of $133,300. It is worth noting that the futures price gap of the Chicago Mercantile Exchange (CME) has been fully filled, which may provide some support for the market trend.
Overall, the crypto assets market remains in a state of high uncertainty, and investors need to closely monitor various factors such as changes in global economic policies, the flow of institutional funds, and technical indicators to grasp market trends.