Bitcoin traded near $64,354.99 on Friday, holding a tight range through the session as spot ETF inflows snapped a longer stretch of outflows. The leading cryptocurrency consolidated after testing $64,920 earlier in the week, with analysts flagging $65,000 as the critical level to watch. Traders now turn to today’s US jobs report for direction, while the stalled CLARITY Act adds to cautious sentiment.
Bitcoin Price Today
Bitcoin stood at $64,354.99, broadly flat over the past 24 hours, according to live CoinMarketCap data. Its market cap hovered near $1.29 trillion, with 24-hour trading volume reaching $21.64 billion. Price action remains tied to ETF flows, the jobs report, and legislative headlines.
Analyst Insights
Bitcoin Attempts $65,000 Reclaim Ahead of Jobs Data, Says Mudrex
Prateek Gupta, Head of Business at Mudrex, noted that Bitcoin is attempting to reclaim the $65,000 level ahead of today’s US jobs report. The market is approaching a critical technical and liquidity zone, with $65,000 emerging as the largest short-liquidation cluster. He added that institutional demand continues to grow, with spot Bitcoin ETFs attracting $626 million in net inflows over three sessions. A weekly close above $65,000 could open the path toward $70,000, while a close below $63,000 may expose Bitcoin to $60,000.
BTC Stays Range-Bound Between $64,000 and $65,000, Says CoinSwitch
According to CoinSwitch Markets Desk, BTC remained range-bound between $64,000 and $65,000 after testing the upper end of the range. Repeated rejections near $65,000 indicate continued selling pressure. Near-term support sits at $64,350-$64,400, and a break below this zone could expose $64,200. Reclaiming $64,600 may pave the way toward $64,800-$65,000.
Institutional Demand Offsets Rate Uncertainty, Says Giottus
Vikram Subburaj, CEO of Giottus, placed Bitcoin near $64,300, with improving institutional demand offset by uncertainty over US interest rates. Spot ETFs received about $626 million between August 3 and August 5, helping buyers defend the $63,000-$64,000 region. However, these inflows have not been strong enough to clear the larger resistance zone between $66,000 and $66,600. He advised staggering purchases and keeping leverage low until Bitcoin clears $66,600 or loses $63,000 support.
Bitcoin Consolidates Ahead of Employment Data, Says Delta Exchange
Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin is trading around $64,400, with the market consolidating ahead of the US employment report. Resilient labor data and renewed crude strength keep inflation expectations in focus. A softer print could ease yields and support risk assets. Bitcoin is holding the $64,000-$64,200 support zone. A break above $64,750-$65,000 could open $65,250-$65,600, while a move below $64,000 may expose $62,400-$63,100.
Crypto Prices Today: Top 10 Coins at a Glance
The broader market holds steady, with majors posting mild gains. Hyperliquid led the top 10 board with a gain near 3.7%, followed by XRP and Dogecoin with daily gains above 1%. Outside the top 10, Zcash extended its rally with a jump above 5.9% on the day. Stablecoins Tether and USDC barely moved, while Ethereum and Solana posted modest daily gains.
Crypto News Today: Top Headlines Impacting Prices
Bitcoin ETFs Post Third Straight Inflow Day
US spot Bitcoin ETFs pulled in $244.4 million on Wednesday, extending a three-day streak to $626 million. BlackRock’s IBIT fund led the run, capturing $479 million of the total. The August run has yet to record a single outflow day, a sharp reversal from July’s choppier flows.
CLARITY Act Faces Recess Deadline Pressure
The Digital Asset Market Clarity Act remains stalled on the Senate calendar as the chamber’s summer recess begins around August 7. Ethics language disputes continue to block bipartisan support. A Franklin Templeton executive noted that passage would unlock federal preemption and bring bank liquidity into crypto.
Coldcard Firmware Flaw Keeps Custody Worries Alive
A firmware bug tied to Coldcard hardware wallets has been linked to nearly $100 million in stolen Bitcoin this month. The exploit has driven dormant address movement as affected holders rush to secure funds. Whale Alert flagged a 6,196 BTC transfer worth nearly $397 million between unknown wallets this week.
US Jobs Report Set to Drive Today’s Session
Traders are bracing for today’s Non-Farm Payrolls report. A soft print could ease Treasury yields, while strong data may revive September rate hike bets. The Fed held rates steady at 3.50-3.75% in July, with three officials favoring a hike.
Zcash and Cardano Lead Altcoin Momentum
Zcash extended its rally with a weekly gain above 5.9%, pressing a key triangle breakout pattern. Cardano posted a sharp seven-day gain above 15%, outpacing most large-cap peers. Analysts tied Cardano’s strength to progress on its Ouroboros Leios scaling protocol.
Tether Expands Tokenization Push in Saudi Arabia
Tether announced plans to launch its Hadron tokenization platform in Saudi Arabia, starting with institutional real estate assets. The move aligns with the kingdom’s Vision 2030 diversification initiative but has limited near-term impact on Bitcoin’s price.
Investor and Market Outlook
Bitcoin holds near $64,350 as traders weigh a third straight ETF inflow day against a stalled CLARITY Act. Today’s jobs report stands as the session’s key catalyst. A close above $65,000 could open a path toward $66,600 resistance. A slip below $63,000 risks exposing deeper support closer to $60,000. Zcash and Cardano remain the most sensitive names to shifts in altcoin risk appetite. Next week’s inflation print stands as the market’s next defining catalyst.









