Daily digest · August 4, 2026
Coldcard losses near $114M and Strategy sells 1,638 BTC
Two of the year's biggest bitcoin stories landed together while BTC climbed 1.52% to $63,604, with 77 of the top 100 coins posting gains.
The market day
Bitcoin pushed up 1.52% to $63,604 on a day where most of the market moved with it. Out of the top 100 coins tracked, 77 were in the green and only 21 fell, which is a wide, healthy spread rather than a single coin doing the heavy lifting.
Ether added a modest 0.43%, trailing bitcoin but still positive, which fits the broader picture of a market drifting higher rather than spiking. Algorand was the standout, up 8.33% and comfortably the day's top gainer.
Not everything joined the move. Uniswap dropped 6.34%, making it the day's worst performer among major names and a reminder that even on green days some tokens get left behind.
Named today: Algorand (ALGO) predictions · Uniswap (UNI) predictions · Filecoin (FIL) predictions
Why is crypto down today? · August 4, 2026
Crypto is not down today. Bitcoin is up 1.52% at $63,604, ether is up 0.43%, and 77 of the top 100 coins are trading higher over the past 24 hours.
On days when the market does fall, the usual causes are leveraged positions getting flushed out, weak liquidity amplifying moves, or broader risk-off sentiment spilling over from stocks and macro news. Concentrated selling in a handful of large coins can also drag the whole market down even when the underlying news is thin.
Today's numbers show the opposite pattern. Breadth is wide, with gains outnumbering losses more than three to one, and the biggest single move was Algorand's 8.33% rally rather than a broad selloff.
The one exception is Uniswap, down 6.34%, which shows that even in an up market individual tokens can still drop sharply on their own dynamics.
Why is crypto up today? · August 4, 2026
Crypto is genuinely up today. Bitcoin has climbed 1.52% to $63,604 and ether has added 0.43%, with gains spread across the market rather than concentrated in one or two coins.
The breadth numbers tell the real story: 77 of the top 100 coins tracked are higher over the past 24 hours against just 21 lower. That kind of ratio points to a market-wide move rather than a single headline driving prices.
Algorand led the pack with an 8.33% gain, the largest of any coin in the sample, while bitcoin's steady climb above $63,000 gave the rest of the market room to follow.
Not every token joined in. Uniswap fell 6.34%, the day's sharpest drop, showing that gains were broad but not universal.
The stories that matter
Coldcard losses reach $114M across 5,200 addresses
A fourth sweep took the running total from the Coldcard seed-generation flaw to roughly $114M from more than 5,200 addresses since 30 July. The bitcoin protocol is not involved: the bug is in how one hardware wallet generated its random numbers.
The prediction angle: Four days in, the drain has not broken the price: BTC is up on the day. That gap between a frightening headline and a calm tape is the thing to weigh before calling direction off news alone.
Strategy sells another 1,638 BTC for $104.7M
The largest corporate holder sold 1,638 BTC in the week to 2 August, taking its stack to 842,138 BTC. Paired with $290.6M of new stock, the $395M funded an $81M STRC buyback, the dividends and a $4B cash reserve. Saylor's answer to the noise: he has never sold personally, and Strategy is a public company, not his wallet.
The prediction angle: This is the second disclosed sale in a month, so the pattern now matters more than any single week: the biggest buyer of the last five years is running a balance sheet, not a conviction trade. Steady, disclosed selling is a slow drag on price, not a shock.
Sources: Bloomberg · CryptoSlate
On the BitPredict board
BitPredict settled 95 calls yesterday at a 57.9% hit rate, and yesterday's Daily Call asset, bitcoin, finished roughly flat at -0.1%.
Today's Daily Call asset is Filecoin (FIL), one shared question, up or down by midnight UTC. Think you can read this market? Put a timestamped call on record. It's free, and your accuracy is scored publicly.
Questions people are asking · August 4, 2026
Is crypto going up or down today?
Up. Bitcoin is trading at $63,604, up 1.52% over 24 hours, and 77 of the top 100 coins tracked are also higher.
What is the best performing crypto today?
Algorand (ALGO) is today's top gainer among major coins, up 8.33% over the past 24 hours.
What is the worst performing crypto today?
Uniswap (UNI) is the day's biggest loser, down 6.34% even as most of the market gained.
Every figure above is computed from live market data and BitPredict's public, verifiable prediction records at generation time (Tue, 04 Aug 2026 07:12:06 GMT). Nothing here is financial advice. Explore the free crypto calculators or browse predictions by coin.