Crypto News August 5, 2026: Bitcoin and Crypto News — Daily Highlights
[LIVE] August 5, 2026: Bitcoin and Crypto News — Daily Highlights
📌 Daily Summary
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Bitcoin has entered its longest capitulation period since the FTX crash, signaling ongoing market instability. Meanwhile, discussions surrounding Ethereum Improvement Proposal (EIP)-8361 raise the question of whether Ethereum's price can surpass the $2,000 mark. The Crypto Fear and Greed Index has seen a rise in the past 24 hours, indicating possible movement out of the fear zone. Additionally, crypto finance company BIT forecasts a parallel rise for both gold and Bitcoin, while the US Senate prepares to vote on the Crypto Transparency Act next week. In a positive development for Ethereum, the amount of ETH locked within its network has reached an all-time high, suggesting increased user engagement and interest.