Crypto markets enter the week of August 10 with inflation and energy prices capable of changing the outlook for U.S. monetary policy within days.
A small group of altcoins has separated from the broader crypto market, with Jito, Worldcoin and Pump.fun all posting double-digit gains over the past 24 hours.
The UK's Financial Conduct Authority is working with banks and other market participants on standards for tokenized gold as London looks to modernize a bullion market facing growing competition from Asia.
Bittensor has moved back above its 50-day simple moving average after spending nearly two months below it.
Bitcoin may have found its correction floor around $57,800 after June and July produced almost identical lows.
Cardano held onto its late-July recovery on August 3 despite weakness across the broader crypto market.
Bitcoin trades near $62,700 at the time of writing after buyers failed to recover the resistance formed by the 50-day simple moving average near $63,280 and the 0.236 Fibonacci retracement around $63,600.
Shiba Inu traded near $0.00000496 on August 2 after a second attempt to reclaim its 100-day moving average failed to produce a daily close above it.
Ethereum is approaching a decision point where record network activity is colliding with an unresolved market structure.
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