BTC: why it moved
Generated 8/19/2026, 8:05:52 AM(New York) · Based on a real data snapshot at generation time
TL;DR
Bitcoin is trading around $64,483. The price has been relatively flat recently, with small gains over the past week. Market expectations for extreme price increases seem to be cooling down.
Recent price action
Bitcoin is currently priced at $64,483. It saw a slight increase of 0.4% in the last 24 hours and a 0.6% gain over the past 7 days. The perpetual funding rate is 0.0040%, meaning long-position holders are paying a small fee to keep their positions open. The Fear & Greed Index is at 46, indicating a "fear" sentiment in the market.
What expectations are shifting
The market's expectations for Bitcoin reaching $250,000 by year-end have decreased slightly, now at 2% probability (down 0.1 percentage points in 7 days). Similarly, the chance of Bitcoin hitting $150K by year-end has fallen to 1% (down 0.9 percentage points in 7 days). The probability of Bitcoin making a new all-time high by year-end is also low at 3% (down 1.2 percentage points in 7 days). This suggests a shift away from very bullish long-term price targets.
The next big event
The next significant event is the Non-Farm Payrolls report, due in about 16 days. Historically, Bitcoin has seen an average fluctuation of ±1.1% in the 24 hours following this data release. The last report in July saw Bitcoin drop 0.2% in the 24 hours after its release.
Risks
Recent news indicates that Bitcoin has experienced significant drops, with one headline mentioning a 53% crash. Despite this, some institutions like BlackRock still see value in crypto allocations. The market is also watching the "CLARITY Act" vote, which could impact crypto regulations. Broader market sentiment is also a factor, as seen with the QQQ ETF down 1.69% recently, and Bitcoin falling after a Wall Street retreat.