Daily digest · August 5, 2026
Coldcard's fix cannot recover stolen coins as BTC edges to $64,176
New firmware stops the bad seed generation but cannot repair a seed already made, so affected owners must move their coins. Bitcoin rose 0.9%.
The market day
Bitcoin sits at $64,176.41, up 0.9% on the day, with ether not far behind at a 0.64% gain. Neither move is dramatic, but they're enough to keep the broader tone calm rather than jittery.
Under the surface it's a mixed picture. Of the 100 tokens in our sample, 55 are green and 45 are red, which is about as close to a coin flip as the market gets. Pump.fun's PUMP token led gainers, up 10.6%, while Lido DAO's LDO was the day's worst performer, down 10.7%.
That split between a modestly higher BTC and a roughly even breadth reading is the story today: no clear trend, just individual tokens doing their own thing while the majors hold steady.
Named today: Pump.fun (PUMP) predictions · Lido DAO (LDO) predictions · Floki (FLOKI) predictions
Why is crypto down today? · August 5, 2026
Crypto isn't actually down today. Bitcoin is up 0.9% at $64,176.41 and ether is up 0.64%, so if you're seeing red it's likely in a specific token rather than the market as a whole.
Lido DAO's LDO is down 10.7% today, which is the kind of single-asset move that can make the whole market feel shaky even when the majors are fine. Breadth is close to even too, 55 tokens up versus 45 down, so plenty of names are in the red alongside LDO.
On the days crypto genuinely does fall across the board, the usual culprits are leveraged long liquidations, macro news hitting risk assets broadly, or a specific token's bad news dragging sentiment down with it.
Today isn't one of those days for the market overall. Check which specific coin you're watching, because the drop is likely isolated rather than systemic.
Why is crypto up today? · August 5, 2026
Crypto is up today, modestly. Bitcoin has gained 0.9% to $64,176.41 and ether is up 0.64%, both steady rather than explosive moves.
The clearer story is at the token level. Pump.fun's PUMP is the day's top gainer, up 10.55%, showing the kind of outsized move that individual tokens can make even when BTC and ETH are just drifting higher.
Breadth is roughly balanced, 55 tokens up against 45 down out of the 100 tracked, so this isn't a broad rally lifting everything. It's a mild uptick in the majors plus some standout individual performers.
If you're asking because you saw a specific coin spike, check whether it's a market-wide move or, like PUMP today, a token-specific pop.
The stories that matter
Coinkite ships a Coldcard fix that cannot undo the damage
Mk2 and Mk3 firmware 4.0.1 through 4.1.9 is worst hit, with Mk4, Mk5 and Q seeds made before the hotfix also in scope. Updating corrects future seed generation but cannot repair a seed already created, so affected owners have to move funds to a new wallet. Coinkite says seeds built with 50 or more private dice rolls are not at risk from this bug alone.
The prediction angle: A fix that cannot undo the exposure means the selling pressure from this story is spread over weeks of migrations rather than one day of panic. For direction calls, that argues for a slow bleed of supply moving between wallets, not a single dated event to trade around.
Sources: Coinkite advisory · Bitcoin Magazine · Decrypt
On the BitPredict board
83 calls settled yesterday with a 49.4% crowd hit rate, essentially a coin flip, while the platform's all-time accuracy sits at 50.1% across 1,310 settled predictions.
Today's Daily Call asset is FLOKI (FLOKI), 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 5, 2026
Is crypto going up or down today?
It's mixed but tilted up. Bitcoin is up 0.9% to $64,176.41 and ether is up 0.64%, while breadth across 100 tracked tokens is 55 up versus 45 down.
What is the best performing crypto today?
Pump.fun's PUMP token is today's top gainer, up 10.55% in the last 24 hours.
Why is LDO down today?
Lido DAO's LDO is the day's biggest loser, down 10.72%, with no single catalyst visible behind the drop.
Every figure above is computed from live market data and BitPredict's public, verifiable prediction records at generation time (Wed, 05 Aug 2026 07:12:05 GMT). Nothing here is financial advice. Explore the free crypto calculators or browse predictions by coin.