Bitcoin dropped back below $39,000 on Aug. 2, suggesting that short-term traders were booking profits after the price failed to close above $42,450.

However, lower levels could again attract buying as seen in late July. Data from Santiment showed that Bitcoin held on wallet addresses storing between 100 and 10,000 Bitcoin rose to a new all-time high at 9.23 million Bitcoin on Aug. 1.

The Top-10 cryptocurrencies are traded in the red zone. Dogecoin -3.9%, Cardano -3.7%, Ethereum -3.3%

Market capitalization: $1.60T (-2.48%)
The BTC dominance: 44.83% (-1.27%)
Fear & Greed Index: 48 (Neutral)

https://cryptorank.io/heatmaps

👉 Top Gainers

Alchemy Pay (ACH) +162%
PlayDapp (PLA) +57.3%
TradeStars (TSX) +51.7%

👉 Top Losers

Dungeonswap (DND) -40.2%
Revomon (REVO) -31.7%
Wall Street Games (WSG) -30.8%

BTC Futures

Aggregated Volume — $52.92B
Aggregated Open Interest — $11.01B

👉 Derivatives Market Analytics

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