Crypto News August 7, 2026: Bitcoin and Crypto News — Daily Highlights
[LIVE] August 7, 2026: Bitcoin and Crypto News — Daily Highlights
📌 Daily Summary
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The recent release of the US Non-Farm Payrolls and unemployment data has triggered a volatile response in Bitcoin (BTC), reflecting market uncertainties. Alarmingly, Bitcoin has exhibited negative trends for the last 80 days, raising concerns among traders and investors. In tandem with these developments, notable cryptocurrency exchanges have made strategic decisions regarding a popular memecoin, with Upbit delisting it and Bithumb removing it from its watchlist. However, Bitcoin whales remain active, with significant accumulation activity leading to the purchase of $1.2 billion worth of BTC, signaling continued institutional interest. Additionally, recent transfers from Binance to an Amber Group-linked wallet have involved five altcoins valued at $10 million, indicating shifts in portfolio strategies among crypto investors.