Overall Cryptocurrency News, 1 August 2026: The crypto market declined over the past 24 hours, with Bitcoin and Ethereum falling over 3%. Fear sentiment persisted as regulatory updates, DeFi developments, and institutional activity influenced markets.
The global cryptocurrency market today reached a capitalization of $2.25 trillion, down 2.4% in the last 24 hours, with total trading volume at $63.9 billion.
Bitcoin’s (BTC) dominance in the industry remains strong at 56%, while Ethereum (ETH) holds 9.99%. The largest gainers in the industry over the past day are Polkadot and the XRP Ledger Ecosystem.
(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from Official CoinMarketCap Data on 1 August 2026 at 1:30 AM UTC)
Bitcoin (BTC) price today reached $ 62,868.98, down 3.25% in the last 24 hours, with a trading volume of $29.77 billion and a market cap of $1.26 trillion.

Ethereum (ETH) price today is at $1864.17, slipped 3.1% in 24 hours with a trading volume of $9.79 billion and a capitalization of $224.97 billion.

(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)
Bitcoin price (BTC): $62,902.52, down 3.26% in the last 24 hours, trading volume (TV): $29.78B.
Invesco QQQ Trust Tokenized price (QQQB): $686.17, down 0.74% in the last 24 hours, TV: $75.13M.
AnthropicAI price (Anthropic): $0.0004358, surges 774.61% in the last 24 hours, TV: $83.17M.
XRP price (XRP): $1.06, down 2.06% in the last 24 hours, TV: $1.09B.
Ethereum price (ETH): $1,864.80, down 3.18% in the last 24 hours, TV: $9.82B.
Top 3 Crypto Gainers in 24 hours (Ranked by 24-hour percentage gain):
MemeCore price today (M): $1.08, climbed 8.70%, trading activity $11.49 million.
Audiera price today (BEAT): $4.23, gained 8.29%, trading activity $24.60 million.
Pump.fun price today (PUMP): $0.00211, jumped 4.78%, trading activity $103.13 million.
Top 3 Crypto Losers in 24 hours (Ranked by 24-hour percentage loss):
Lighter price (LIT): $2.07, down 9.69%, with trading activity around $40.11 million.
Lido DAO price (LDO): $0.3406, lower by 8.02%, with trading volume near $30.80 million.
Aave price (AAVE): $92.62, slipped 7.52%, with trading activity close to $292.25 million.
(As per CoinGecko on 1 August 2026 at 1:30 AM UTC)
The Stablecoin Market reflects a 0.2% negative change over the past 24 hours, with a capitalization of $301.4 billion and trading volume of $57.4 billion.
The Overall (Defi) Decentralized Finance market declined 3% over the last 24 hours, recording a market cap of $61 billion and trading volume (TV) at $32.4 billion. Defi dominance globally marked 4.1%.

Source: Alternative Me
The Crypto Fear & Greed Index stands at 27 (Fear) today, unchanged from last week (27) but higher than yesterday’s 25 and last month’s 19. The slight recovery suggests sentiment has improved, yet investors remain cautious amid market declines, profit-taking, and ongoing macroeconomic uncertainty.
(Note: All of these updates affect traders, as they impact liquidity, sentiment, and potential returns, and thus must be monitored closely.)
1. Sushi Launch Goes Live: Sushi has launched Sushi Launch on Robinhood Chain, allowing users to issue tokens backed by tokenized real-world assets. Every new token automatically creates a Sushi V3 trading market.
2. Core Lightning Fixes DoS Bugs: Developers found two denial-of-service vulnerabilities in Core Lightning. The issues are fixed in v26.04 and v26.06rc2, with node operators urged to upgrade immediately.
3. Russia Expands Crypto Mining Ban: Russia will ban cryptocurrency mining in Moscow, Moscow Oblast, and parts of Kursk from August 15, 2026, with restrictions remaining in place until December 31, 2032.
4. Trade.xyz Starts Compensation: Trade.xyz has started compensating users affected by the SK Hynix pricing incident. Large claims above 10,000 USDC require enhanced verification before the remaining payment is released.
5. YGG Play Shuts Down: Web3 gaming platform YGG Play officially ended operations on July 31. The platform thanked its community but did not explain the reason behind the shutdown.
6. Italy Questions Stablecoin Savings: A Bank of Italy study found stablecoin remittances offer limited cost advantages over traditional transfers. Fees ranged from 0.3% to 9%, depending mainly on payment infrastructure.
7. US Seeks $47K in Seized USDT: US prosecutors filed a civil forfeiture complaint seeking nearly 47,462 USDT linked to Bitcoin ATM scams. Authorities say victims were tricked into depositing cash into crypto ATMs.
8. Minnesota Crypto ATM Ban Begins: Minnesota officially banned cryptocurrency ATMs on August 1. Existing machines must be removed by year-end after residents reportedly lost nearly $1 million in related scams.
9. Uniswap Launches Earn Product: Uniswap partnered with Morpho to launch Earn, enabling users to deposit USDC, USDT, and ETH into lending vaults while maintaining full custody of their assets.
10. HYPE Team Token Sales Tracked: Monitoring data shows HYPE team members sold about 4.33 million HYPE worth $165 million, while the project’s aid fund repurchased 9.8 million HYPE during the same period.
11. France Advances CARF Approval: France submitted legislation to approve the OECD’s Crypto-Asset Reporting Framework (CARF), enabling automatic crypto tax information sharing with participating jurisdictions starting from 2027.
12. Strategy and Grayscale Supports CLARITY Act: Bitcoin Treasury Company Strategy backed the CLARITY Act, saying a clear digital asset regulatory framework would strengthen institutional adoption and support long-term crypto industry growth. Grayscale also Urges Senate Vote.
13. Fed May Reduce Policy Meetings: Federal Reserve Chair Kevin Warsh is reportedly considering reducing annual FOMC meetings and press conferences as part of broader reforms to monetary policy communication.
14. Pump.fun Layoffs Revealed: Reports claim Pump.fun laid off more than 40 employees before the PUMP token unlock. Some former staff reportedly missed token allocations worth over $1 million.
15. HashKey Lists ACRED: HashKey Exchange launched the ACRED private credit tokenization product for professional investors. Users can subscribe with USDC, while redemptions follow a quarterly repurchase program.
Compared with the July 31 crypto market update, August 1 weakened notably. Total market capitalization fell from $2.3 trillion to $2.25 trillion, while daily performance reversed from a 1.4% gain to a 2.4% loss. Bitcoin dropped from a 2.09% gain to a 3.25% decline, DeFi shifted from 2.6% growth to a 3% fall, and market sentiment remained cautious despite the Fear & Greed Index improving slightly from 25 to 27.
Crypto news readers and users should remain cautious as declining prices and fear-driven sentiment may increase volatility. However, ongoing product launches, protocol upgrades, institutional support, and regulatory progress indicate continued industry development, creating opportunities for informed investors while emphasizing the importance of proper risk management.
Risk Context: This commentary is not about long-term conditions and is merely informational. It does not point to the price or indicate an action to take on the investment.
The 24-hour crypto news market remains relatively risky due to falling prices and weak sentiment, making short-term trading more volatile. Long-term investors may find selective opportunities, but careful research, diversification, and disciplined risk management are essential before making any investment decisions in current conditions.
Disclaimer: The information should not be taken as financial or investment advice. Cryptocurrencies are very unstable and dangerous. You should never make an investment decision without doing your research (DYOR) and using a qualified financial advisor. Not all regions are able to provide all the services or assets in question.