Bitcoin price remains strong despite multiple negative factors
2026-08-12 03:15:34
According to CoinMeta, despite the U.S. Senate's failure to pass the Clear Act before the August recess, the price of Bitcoin remained around $65,200, with a gain of 3.7%. Over the past week, the market has faced multiple negative factors such as regulatory obstacles, hacker attacks on hardware wallets worth millions of dollars, and rising yields on government bonds, yet Bitcoin did not experience a significant price drop. Meanwhile, during the week that ended on August 7th, Bitcoin saw a capital inflow of $853.54 million, the highest weekly inflow since mid-April. However, overall, Bitcoin has still seen a net outflow of about $4.5 billion since the beginning of this year.
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Source:The Coin Republic
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