The global crypto market capitalization is around US$2.18 trillion with a 24-hour trading volume of approximately US$57.74 billion. Bitcoin dominance has reached 58.6%, while the Crypto Fear and Greed Index is at 36, or in the Fearcategory. This data indicates that the market is beginning to recover, though investor sentiment remains cautious.
Crypto asset prices can change rapidly based on trading activity, liquidity, macroeconomic developments, and industry news.
Bitcoin Recovers to the US$63,700 Range
Bitcoin is trading around US$63,700, up approximately 1% over the last 24 hours. During the latest trading period, BTC dipped to around US$62,227 before rebounding to touch a daily high of around US$63,996.
This recovery shows that buyers are still defending the US$62,000–US$63,000 range. However, Bitcoin has not fully exited its consolidation phase as the price remains capped below the psychological resistance of US$64,000.
Technically, the US$62,200–US$62,500 area serves as the nearest support. As long as this zone holds, BTC still has the potential to retest US$64,000 and US$65,000.
Conversely, a drop below US$62,200 could lead Bitcoin back toward US$61,000. A consistent breakout above US$64,000 would be an early signal that recovery momentum is strengthening.
Monitor Bitcoin prices in real-time today on Mobee.
Ethereum Holds Around US$1,864
Ethereum is trading relatively flat around US$1,864. Its 24-hour price movement has been very limited, contrasting with Cardano and Hyperliquid, which have posted stronger gains.
ETH continues to face resistance near US$1,900. A breakout above this level could open the door to testing US$1,950 and potentially the psychological US$2,000 mark.
Meanwhile, the US$1,820–US$1,850 range serves as short-term support. Losing this zone could potentially lead Ethereum to retest the US$1,750–US$1,800 area.
Institutional demand for Ethereum remains unstable. U.S. spot Ethereum ETFs recorded a net outflow of approximately US$8.7 million on August 3. The outflows primarily stemmed from FETH and ETHE, while several other products saw no change.
The divergence between Bitcoin ETF inflows and Ethereum ETF outflows suggests that institutional investors remain more selective in their capital allocation.
Solana and BNB See Limited Gains
Solana is trading around US$73.70 and is up approximately 1.1% over the last 24 hours. SOL continues to trade between support at US$72 and resistance at US$75.
A breakout above US$75 could pave the way for a move toward US$78–US$80. Conversely, a drop below the US$72 support could potentially pull the price back toward US$70.
Although the price of SOL has risen, U.S. spot Solana ETFs recorded neither inflows nor outflows on August 3. This indicates that SOL's gains are driven more by spot and derivatives market activity than by recent ETF demand.
BNB is trading around US$590 and is up approximately 1%. The US$595–US$600 range acts as the nearest resistance, while US$580 serves as short-term support.
A consistent breakout above US$600 could strengthen BNB's momentum. However, a failure to hold US$580 could potentially lead the price back toward US$570.
Cardano Returns as One of the Strongest Altcoins
Cardano continues its rally and is trading around US$0.1927. ADA is up approximately 4% over the last 24 hours and has recorded a gain of about 23.8% over the past seven days.
This movement has made Cardano one of the best-performing large-cap altcoins once again.
The US$0.195–US$0.20 area serves as a key resistance. A breakout above US$0.20 could potentially open the door toward US$0.21–US$0.22.
However, after such a rapid rise, the risk of profit-taking has also increased. The US$0.185–US$0.19 area needs to hold to maintain the short-term bullish structure.
Cardano's trading volume is over US$600 million in the last 24 hours, indicating that its rally is supported by increased market activity.
Hyperliquid Rises More Than 3%
Hyperliquid is one of the standout major assets in this morning's trading. HYPE is trading around US$54.24 and is up approximately 3.3% over the last 24 hours.
Throughout this period, the price of HYPE has moved between US$52.01 and US$54.75. Its market capitalization is around US$13.69 billion, placing HYPE in ninth place by market cap.
The US$55 area is the immediate resistance. A breakout above this level could open up opportunities toward US$57–US$60.
Conversely, US$52 is a key support level. If this level fails to hold, the price could retest the US$50 area.
HYPE's rise shows that investor interest remains quite strong in the decentralized exchange and perpetual trading sectors.
XRP and Dogecoin Show More Moderate Movement
XRP is trading around US$1.08 with a gain of less than 1% over the last 24 hours. The US$1.08–US$1.10 area remains a key resistance that needs to be broken to build stronger momentum.
As long as XRP holds above US$1.05, the possibility of testing US$1.10 remains open. A drop below US$1.05 could lead XRP to retest the psychological level of US$1.
Dogecoin is hovering around US$0.0704 and is up about 0.6%. DOGE has traded within a daily range of US$0.06896 to US$0.07046.
DOGE needs to break past US$0.071 to build further momentum. Meanwhile, US$0.069 serves as the nearest support level that must be maintained.
Altcoin Rotation Remains Selective
Market movements on August 4 indicate that a rotation toward altcoins is beginning to emerge, though it is not yet widespread.
Cardano and Hyperliquid recorded larger gains, while Ethereum, XRP, and Dogecoin saw more limited movement. Solana and BNB also strengthened but remain below their respective resistance levels.
The CoinMarketCap Altcoin Season Index is at 52 out of 100. This figure shows that altcoin performance is starting to improve, but it is not yet high enough to confirm a broad altcoin season.
Bitcoin dominance, which remains around 58.6%, shows that BTC continues to be the primary hub for market liquidity. Investors still tend to select specific assets based on their individual momentum and catalysts.
Security Alert for Coldcard Users
The market is also highlighting a security warning from Coinkite regarding Coldcard hardware wallets.
Coinkite stated that seed phrases generated using certain models and firmware versions may have lower levels of randomness or entropy than intended. Funds controlled by seeds from affected firmware could potentially be at risk if not protected by additional security measures.
The company urges users to update their firmware before generating new seeds and to follow the official migration guide if a seed was created using an affected version.
The issue stems from the firmware implementation on the wallet devices, not from a vulnerability in the Bitcoin protocol. However, this incident serves as a reminder that asset storage risks do not only come from exchanges but can also arise from devices, seed generation processes, and user error.
Users should never share their seed phrase, private key, PIN, or sensitive information with anyone claiming to offer migration assistance.
US Manufacturing Data Stronger Than Expected
On the macroeconomic front, the US ISM Manufacturing PMI rose to 55.6 in July, up from 53.3 in June. This figure is the highest level since May 2022 and sits above market expectations of around 54.
Data above 50 indicates that the manufacturing sector is in an expansion phase. Strong economic activity can support sentiment for risk assets, but it may also make the Federal Reserve more cautious about easing monetary policy.
For Bitcoin, strong economic data has a two-sided impact. Healthy growth can support demand for risk assets, but data that is too strong could potentially increase bond yields and reduce the likelihood of interest rate cuts.
Market Awaits JOLTS Data Tonight
The next macro catalyst is the Job Openings and Labor Turnover Survey, or JOLTS, report for June 2026.
The Bureau of Labor Statistics has scheduled the report for Tuesday, August 4, at 10:00 AM ET, or around 9:00 PM WIB. In the previous report, the number of job openings in the United States was around 7.6 million.
Job opening data that is higher than expected could indicate that the labor market remains strong. Such conditions could potentially support the US dollar and bond yields, but may put pressure on Bitcoin and other risk assets.
Conversely, a moderate decline could increase expectations for looser monetary policy. However, a decline that is too sharp could also raise concerns about an economic slowdown.
The market will next await the ISM Services PMI on August 5 and the Nonfarm Payrolls report on August 7.
Critical Levels to Watch
Bitcoin
US$62,200–US$62,500 is the nearest support. US$64,000 is the initial resistance, while a breakout above US$65,000 could strengthen bullish momentum.
Ethereum
US$1,820–US$1,850 is support. US$1,900 and US$2,000 are the key psychological resistance levels.
Solana
US$72 acts as short-term support, while US$75 is the resistance level that needs to be broken.
Cardano
US$0.185–US$0.19 acts as support. US$0.195–US$0.20 is the resistance zone.
Hyperliquid
US$52 is a key support level, while US$55 is the immediate resistance.
These levels are technical estimates based on recent price action and are not a guarantee of future market direction.
Conclusion
The crypto market on August 4, 2026, showed a limited recovery. Bitcoin returned to around US$63,700, spot Bitcoin ETFs recorded inflows, and several altcoins such as Cardano and Hyperliquid posted stronger gains.
However, the Crypto Fear and Greed Index, which remains in the Fear category, indicates that investor confidence has not fully recovered. Bitcoin sales by Strategy, Ethereum ETF outflows, and Coldcard security warnings are also keeping market caution levels high.
In the short term, the US$64,000 area is the key level for Bitcoin. A breakout above this zone could open the door toward US$65,000, while a loss of US$62,200 could bring back pressure toward US$61,000.
Tonight's US JOLTS data has the potential to be the next volatility trigger for the US dollar, bond yields, tech stocks, and the crypto market.
Disclaimer: All content in this article is for informational purposes only and does not constitute investment advice. Crypto asset prices can change rapidly. Always conduct your own research and align your decisions with your individual financial goals and risk profile.
