The Bitcoin market failed to keep up with the record highs of global stock markets
2026-08-05 19:06:38
According to CoinMeta, today the price of Bitcoin (BTC) has seen a slight change, currently at $64,030.28, up 0.16% since midnight UTC. Global stock markets have reached new highs, with the MSCI global index rising by 0.4% and the Asia-Pacific benchmark increasing by 2.2%. The CoinDesk 20 index remained unchanged, with 11 components rising and 9 falling, indicating weakness in the crypto market. US spot Bitcoin ETF recorded a net outflow of $5.4 billion in the first half of the year, with capital shifting towards assets related to AI. DWF Labs reports that interest from institutions and retail investors in crypto investments has cooled down, as AI has attracted too much capital and attention. Today's market direction may be influenced by US employment data and ISM service PMI. Circle Internet ( CRCL ) stated that revenue in the second quarter increased by 7% year-on-year, but the figure of $701 million did not meet expectations.
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Source:CoinDesk
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