Fresh institutional demand helped lift Bitcoin and most major cryptocurrencies on Monday, with spot exchange-traded funds returning to net inflows as investors assessed softer U.S. employment figures and the outlook for Federal Reserve policy.
Bitcoin traded at $64,976.42 at 14:40 UAE time, advancing 0.13 percent over 24 hours and 4.65 percent over seven days, according to the market snapshot. Its market capitalization reached $1.31 trillion, while daily trading volume stood at $14.97 billion.
The total value of the cryptocurrency market stood at approximately $2.29 trillion. The market increased 0.49 percent over 24 hours, while trading volume across cryptocurrencies totaled about $37.4 billion.
U.S. spot Bitcoin ETFs attracted $854 million in net inflows during the five trading days from August 3 through August 7, BlackRock’s IBIT accounted for $694 million of the weekly total, taking its cumulative net inflow to $61.17 billion.
Fidelity’s FBTC recorded another $116 million in weekly inflows, lifting its cumulative total to $10.04 billion. The concentration of new investment in the two products indicated that large fund providers continued to drive the institutional flow into spot Bitcoin products.
Labor data supports
The latest U.S. employment report showed that nonfarm payroll employment declined by 23,000 in July, while the unemployment rate was little changed at 4.1 percent. The number of unemployed people also changed little at 6.9 million.
The weaker hiring figures reinforced expectations among investors that monetary policy could become more supportive. Lower interest rates can increase the relative appeal of risk-sensitive assets by reducing returns available from cash and short-term fixed-income instruments, although cryptocurrency prices remain influenced by several market-specific factors.
Bitcoin’s advance near $65,000 accompanied gains across several major digital assets, although performance remained uneven among altcoins, stablecoins and smaller tokens.
Major tokens advance
Ether increased 0.36 percent over 24 hours to $1,925.21 and gained 5.35 percent over seven days. BNB rose 0.26 percent to $604.20, extending its weekly advance to 3.83 percent.
Solana climbed 0.63 percent to $76.820 and was 6.67 percent higher over the week. XRP moved in the opposite direction, slipping 0.08 percent to $1.0325 and declining 2.75 percent over seven days.
TRON edged 0.09 percent higher to $0.330499, taking its weekly gain to 1.21 percent. Hyperliquid added 0.26 percent to reach $54.7440 and advanced 4.97 percent over the week.
Dogecoin declined 0.39 percent to $0.069942 but remained 1.22 percent higher over seven days. UNUS SED LEO fell 0.83 percent to $9.6393, extending its weekly decline to 1 percent.
Performance among other major altcoins was also mixed. Zcash declined 0.36 percent to $509.34 but retained an 8.14 percent weekly gain. Monero climbed 3.08 percent to $392.567 and advanced 8.31 percent over seven days.
Cardano eased 0.50 percent to $0.1966 but remained 8.18 percent higher for the week. Chainlink dropped 1.17 percent to $8.203, although it was still 0.56 percent higher over seven days.
Altcoin results diverge
Stellar rose 1 percent to $0.16452 but remained 3.11 percent lower over the week. Bitcoin Cash advanced 0.34 percent to $216.13, bringing its seven-day gain to 3.68 percent.
Litecoin fell 1.63 percent to $45.40 but retained a weekly increase of 3.32 percent. The mixed results showed that Bitcoin’s advance was supporting parts of the wider market without producing uniform gains across every major cryptocurrency.
Canton Coin declined 1.72 percent to $0.09820 and fell 14.04 percent over seven days. Gram dropped 0.40 percent to $1.5294 and was 4.14 percent lower for the week.
Hedera decreased 1.16 percent to $0.06858 but remained 0.13 percent higher over seven days. Sui gained 0.20 percent to $0.6946 and advanced 2.15 percent weekly, while Avalanche rose 0.70 percent to $6.51 and gained 2.03 percent over the week.
Shiba Inu climbed 1.65 percent to $0.00000470 but remained 2.62 percent lower over seven days. Gold-backed cryptocurrencies benefited from the underlying metal’s weekly advance. Tether Gold eased 0.06 percent to $4,329.80 but gained 7.15 percent weekly, while PAX Gold rose 0.02 percent to $4,340 and advanced 7.24 percent over seven days.
Stablecoins hold steady
Most major stablecoins remained close to their intended pegs. Tether slipped 0.01 percent to $0.9993 but increased 0.05 percent over seven days. USDC added 0.01 percent to reach $1.0007 and was also 0.01 percent higher for the week.
Dai fell 0.02 percent to $0.99974 and declined 0.02 percent weekly. World Liberty Financial USD increased 0.02 percent to $1.0004 and gained 0.08 percent over seven days.
Ethena USDe rose 0.01 percent to $1.001, taking its weekly advance to 0.04 percent. Global Dollar was unchanged at $1 during the latest 24-hour period and increased 0.02 percent over the week.
PayPal USD was virtually unchanged at $1.0011 across both periods. Ripple USD added 0.01 percent to reach $1.00087 and was nearly unchanged over seven days, while USDD held at $1 and recorded a weekly gain of 0.05 percent.
The limited price movements reflected the design of stablecoins, which seek to maintain a consistent value relative to a reference asset, typically the U.S. dollar. Their performance is therefore generally measured by the stability of their pegs rather than the price appreciation sought by investors in unpegged cryptocurrencies.
Midcaps move unevenly
Uniswap advanced 1.68 percent to $4.0337 and gained 0.53 percent over seven days. Bittensor declined 1.44 percent to $203.52 but remained 8.40 percent higher for the week.
Cronos fell 1.58 percent to $0.04760, extending its seven-day decline to 11.55 percent. NEAR Protocol gained 2.25 percent to reach $1.6530 but remained 3.19 percent lower over the week.
OKB rose 0.79 percent to $94.44 and recorded a weekly gain of 9.42 percent. Ondo advanced 1.16 percent to $0.35140 but was 4.75 percent lower over seven days.
World Liberty Financial gained 2.54 percent to reach $0.0530, although it remained 3.57 percent lower for the week. Aster added 1.84 percent to $0.6104 and increased 1.75 percent over seven days.
MemeCore declined 1.14 percent to $1.18060 and fell 7.09 percent weekly. Aave gained 0.76 percent to $92.09 and advanced 1.16 percent over seven days.
Mantle rose 0.48 percent to $0.4283, extending its weekly gain to 8.21 percent. Polkadot eased 0.10 percent to $0.808 but remained 2.22 percent higher over the week.
Worldcoin leads gains
Worldcoin delivered the strongest daily performance among the cryptocurrencies tracked in the snapshot, surging 14.05 percent to $0.349. The token’s seven-day gain reached 14.32 percent.
Sky recorded one of the larger daily declines, falling 2.18 percent to $0.05332. The cryptocurrency was 3.39 percent lower over seven days.
The range of returns across mid-cap and smaller tokens highlighted the selective nature of Monday’s gains. Bitcoin’s advance and the recovery in ETF flows supported the overall market, but token-specific demand continued to determine performance beyond the largest cryptocurrencies.
Inflation test approaches
Investors are now awaiting the July U.S. consumer price index, which is scheduled for release on August 12 at 8:30 a.m. Eastern time, according to the official CPI calendar.
The previous inflation report showed that headline consumer prices fell 0.4 percent month on month in June after rising 0.5 percent in May. Nevertheless, the all-items index was 3.5 percent higher from a year earlier.
Core prices, which exclude food and energy, were unchanged in June and increased 2.6 percent over 12 months. The July release will therefore be assessed for evidence that underlying inflation remains contained after the monthly decline in the headline index.
An inflation reading that strengthens expectations for lower interest rates could support demand for Bitcoin and other risk assets. A stronger-than-expected result could instead revive expectations that monetary policy will remain restrictive for longer.
Policy signals differ
The Federal Reserve held the federal funds target range at 3.5 percent to 3.75 percent on July 29, according to its latest FOMC statement. The decision was approved by a 9-3 vote.
The three dissenting policymakers preferred to raise the target range by 25 basis points. The disagreement showed that officials had not reached a uniform assessment of inflation and the appropriate path for borrowing costs before the weaker July employment figures became available.
The next scheduled Federal Open Market Committee meeting will take place on September 15-16, according to the Fed’s meeting calendar. This gives policymakers another employment report and additional inflation figures to consider before their next rate decision.
For cryptocurrency markets, the interaction between ETF demand and monetary policy remains particularly important. ETF inflows provide a direct measure of investment entering regulated spot products, while interest-rate expectations affect the broader willingness of investors to hold volatile assets.
ETF demand broadens
Institutional demand extended beyond Bitcoin during the August 3-7 trading week. U.S. spot Ether ETFs attracted $245 million in net inflows, marking their fifth consecutive week of positive flows.
BlackRock’s ETHA led the Ether products with $203 million in weekly inflows, lifting its cumulative total to $11.65 billion. Fidelity’s FETH added $24.154 million and reached cumulative inflows of $2.12 billion.
The Ether funds held a combined net asset value of $10.74 billion, representing approximately 4.65 percent of Ether’s market capitalization. Their cumulative historical net inflows stood at $11.46 billion.
The simultaneous inflows into Bitcoin and Ether products indicated that regulated investment demand was extending across the two largest cryptocurrencies. However, Bitcoin funds continued to attract the larger share of weekly capital, with the $854 million total more than three times the amount directed into Ether products.
Crypto ETFs reshape markets
The current spot Bitcoin ETF market developed after the U.S. Securities and Exchange Commission approved exchange-rule changes covering 11 Bitcoin-based products on January 10, 2024. The authorized products included BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust and Bitwise Bitcoin ETF, according to the SEC approval.
The decision allowed investors to obtain exposure through products traded on national securities exchanges without directly holding Bitcoin. That structure also made daily creations, redemptions and fund flows important indicators of institutional demand for the cryptocurrency.
The SEC approved exchange proposals covering eight spot Ether products on May 23, 2024. Those funds began trading on U.S. exchanges on July 23 that year, extending the regulated spot-product structure beyond Bitcoin, according to the Ether order.
The subsequent growth of these products created a stronger connection between cryptocurrency prices and flows through conventional asset managers. Monday’s market performance highlighted that link, as renewed ETF inflows coincided with Bitcoin trading near $65,000.
Read more: Bitcoin jumps 3.3 percent to $66,126 as chip rebound lifts crypto market
Regulation moves forward
The Digital Asset Market Clarity Act remains another major consideration for the industry. The House passed the legislation by a bipartisan vote of 294-134 in July 2025, according to the official House announcement.
The Senate Banking Committee advanced its version in May 2026, and updated text combining work by the Banking and Agriculture committees was released on July 22. However, the legislation did not receive a final Senate vote before the August recess.
Senate Majority Leader John Thune filed a procedural motion designed to set up a vote after lawmakers return, although negotiations over banking, ethics and regulatory provisions were continuing, Reuters reported.
Separate federal rules for payment stablecoins have already moved further. The GENIUS Act was signed into law on July 18, 2025, establishing a federal regulatory framework for payment stablecoin issuers and imposing reserve, compliance and anti-money-laundering requirements.
The U.S. Treasury proposed implementing rules in April 2026 that would treat permitted payment stablecoin issuers as financial institutions under the Bank Secrecy Act and require sanctions-compliance programs, according to the Treasury proposal.
