📃 Aug 04, 2026 – EUROPE Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Up

The crypto market is cautiously trending up, even with lingering fear and mixed asset performance. Coinstats.app’s Fear and Greed Index hit 37pt on August 4 at 02:00:01, up from 32pt on August 2. While still in ‘Fear,’ it shows sentiment improving from earlier lows. Alternative.me and Milkroad.com reported a lower 25pt on August 4, pointing to broader apprehension, but that’s also an improvement from extreme fear levels.

Bitcoin’s price activity is mixed. It traded at $62,695.03 on August 3 at 07:35:00, down 1.28% over 24 hours, but news on August 4 shows it nearing $64,000. Its market cap on August 4 dipped slightly by 0.03% to $1,272,971,208,304. However, Bitcoin’s 24-hour trading volume surged 59.55% to $25,434,754,082, showing increased activity. Ethereum saw a positive shift, climbing 0.78% to $1,861.59 on August 4 at 07:35:00, though its capitalization fell 1.28% to $224,160,037,886.

Bitcoin’s active addresses show some fluctuation. Btc.com reported 729,647 active addresses on August 4 at 07:00:00, down 0.73% from the previous hour. Total Bitcoin addresses continue to grow, reaching 1,532,745,890 on August 4 at 07:00:00, with a stable 0.00% hourly variation.

Mining difficulty held steady at 126.23T from August 1 through August 4, with block rewards also constant at 3.13 BTC. Hash rate data, however, shows significant volatility, with a -100.00% variation on August 4 at one point, followed by an ‘infinity’ increase. This makes a clear short-term trend difficult to read.

The improving Coinstats.app Fear and Greed Index, Ethereum’s positive price move, and increased Bitcoin trading volume suggest the market is trying to find upward momentum despite conflicting signals. We’re moderately confident in a neutral to trending up assessment for the next 8 hours, as the market still reacts to recent events and economic indicators.

What is important

The crypto market remains in ‘Fear,’ with the Fear and Greed Index mostly holding between 25-49 points across sources on August 4. Coinstats.app shows a subtle shift, climbing to 37pt and hinting at gradually improving sentiment.

Bitcoin’s price is resilient, nearing $64,000 on August 4 after a slight dip. Its trading volume jumped a significant 59.55%, showing heightened market activity. Ethereum also gained 0.78% on August 4, adding to a cautiously optimistic outlook.

Upcoming economic events, like the ISM Services Index and ADP Employment Report on August 5, carry moderate impact and could shift market direction. The Coldcard exploit remains a concern; Galaxy estimates potential losses up to 2,055 Bitcoin, a persistent negative sentiment driver.

Top 5 – Latest Headlines & Cryptocurrency News

👍 Bitcoin price prediction: Market conditions improve, but BTC needs THIS for a rally
– Bitcoin price prediction market conditions improve, but BTC needs this for a rally. Market conditions are improving, and experts are optimistic about a potential rally.

👍 Ripple Invests in ZILO and Licuido to Expand XRP Ledger Infrastructure
– Ripple invests in Zilo and Licuido to expand XRP ledger infrastructure, enhancing its capabilities and reach in the cryptocurrency market.

👎 Bitcoin, ether decline as Coldcard exploit enters a fifth day
– Bitcoin and ether decline as a security exploit on Coldcard enters its fifth day.

👍 Robinhood Gets UK´s Permission to Offer Crypto Services
– Robinhood has received permission from the UK to offer cryptocurrency services.

👎 Galaxy estimates Coldcard exploit may have stolen up to 2,055 Bitcoin
– Galaxy estimates a potential exploit on Coldcard may have stolen up to 2,055 Bitcoin.

Factors Driving the Growth – Market Sentiment

Bitcoin and crypto discussions dominate news cycles, showing both optimism and concern. Bitcoin had 47 positive mentions against 68 negative, while crypto saw 17 positive and 35 negative. Positive keywords frequently include ‘ethereum’ (15), ‘ripple’ (12), and ‘robinhood’ (13), reflecting positive developments like Ripple’s XRP Ledger investments and Robinhood’s UK expansion. Negative sentiment is heavily influenced by the ‘coldcard’ exploit (17), ‘market’ discussions (11), and ‘fbi’ (10), pointing to security concerns and regulatory scrutiny. ‘Clarity act’ (11) and ‘clarity’ (7) also appear often in negative contexts, signaling ongoing regulatory uncertainty.

Positive Terms – Sentiment Analysis

Negative Terms – Sentiment Analysis

Crypto Investor Fear & Greed Index

The Fear and Greed Index points to ‘Fear’ in the crypto market. On August 4, Alternative.me, BitcoinMagazinePro.com, and Milkroad.com all reported 25pt, sitting in the 25-49pt ‘Fear’ range. This marks a 3pt drop from the previous day for Alternative.me and Milkroad.com. Coinstats.app, however, showed a slightly higher, improving trend, hitting 37pt on August 4 at 02:00:01. That’s up from 35pt earlier on August 4 and significantly higher than the 32pt recorded on August 2. While overall market sentiment stays cautious, some indicators suggest a subtle shift away from extreme fear.

Bitcoin: Active Addresses

Bitcoin address indicators show total addresses consistently increasing, reaching 1,532,745,890 by August 4 at 07:00:00, with hourly variation holding at 0.00%. Zero balance addresses and those with over 0 BTC, 0.0000001 BTC, 0.000001 BTC, and 0.00001 BTC also show negligible hourly variation, suggesting stability in these broad categories. Bitcoin active addresses, however, fluctuate; btc.com reported 729,647 active addresses on August 4 at 07:00:00, a 0.73% decrease from the prior hour. Addresses holding larger amounts (over 0.0001 BTC up to 100,000 BTC) generally show minor variations, mostly 0.00% or +/- 0.01-0.02%, indicating stable distribution across these tiers.

Economic events to move the cryptocurrency market

The economic calendar features several moderate to high-impact events that could sway the crypto market. On August 4, the International Trade in Goods and Services Balance was a high-impact event at 12:30:00. Moderate-impact events included Factory Orders Month over Month and JOLTS Job Openings at 14:00:00, plus Motor Vehicle Sales Total Vehicle Sales – Annual Rate. Looking to August 5, we have two moderate-impact events: the ISM Services Index at 14:00:00 and the ADP Employment Report at 12:15:00. These reports, especially those on employment and manufacturing/services, often offer clues about broader economic health, which can indirectly affect investor sentiment and capital flows into risk assets like cryptocurrencies.

Crypto Assets Prices

Major cryptocurrencies show mixed price movements. Bitcoin traded at $62,695.03 on August 3 at 07:35:00, reflecting a 1.28% 24-hour drop and a 1.98% difference in its 24-hour variation. Its 24-hour volatility was 1.99%. Ethereum, however, saw a positive shift, climbing to $1,861.59 on August 4 at 07:35:00, marking a 0.96% 24-hour gain and a 2.50% difference. Ethereum’s 24-hour volatility reached 2.94%. Binance Coin’s price on August 3 at 07:35:00 was $583.45, with a 0.35% 24-hour variation and a 0.56% difference, alongside 1.68% volatility. These figures suggest some divergence, with Ethereum showing more immediate upward momentum compared to Bitcoin’s recent dip.

Cryptocurrency Capitalization and Volume

Market capitalization and trading volumes for major cryptocurrencies showed a varied landscape on August 4. Bitcoin’s capitalization dipped slightly by 0.03% to $1,272,971,208,304, but its 24-hour volume surged 59.55% to $25,434,754,082. Ethereum’s capitalization fell more sharply by 1.28% to $224,160,037,886, though its volume climbed 32.79% to $6,882,195,321. Ripple’s capitalization also dropped 0.94% to $67,172,938,688, with its volume up 24.58% to $1,012,152,814. Binance Coin was an outlier, seeing a 0.18% capitalization increase to $78,371,090,981, alongside a 7.41% volume rise to $523,018,382. Tether, a stablecoin, remained relatively stable with a 0.02% capitalization decrease to $183,257,480,404, and a 47.30% volume increase to $37,378,524,111. Significant volume increases across most assets, despite mixed capitalization changes, point to heightened trading activity.

Cryptocurrency Exchanges Volume and Variation

Trading volumes across major crypto exchanges jumped significantly on August 4. Binance reported a volume of 91,869, a 73.88% increase from the previous day’s 52,836. Bybit also saw a substantial rise, with its volume hitting 23,661, up 64.31% from 14,400 on August 3. Kraken experienced the most dramatic surge, with its volume at 13,187, a 142.63% increase from 5,435. Coinbase’s volume climbed 78.54% to 16,049, and Crypto.com’s volume rose 95.83% to 8,836. Gate.io and OKX also posted notable increases of 60.83% and 59.63% respectively. KuCoin’s volume saw a more modest 10.96% increase to 12,482. Binance US remained relatively stable with a 22.73% increase to 108. These widespread volume increases across exchanges signal a broad surge in trading activity.

Mining – Blockchain Technology

Bitcoin mining indicators show stable difficulty and block rewards over the past few days. Difficulty held constant at 126.23T from August 1 through August 4, with no recorded variation. Block rewards also stayed steady at 3.13 BTC, with no change. Mined blocks show a consistent, albeit small, increase, hitting 960.94K blocks on August 4, up from 960.79K on August 3, a 0.02% daily variation. Hash rate data, however, presents a more volatile picture. On August 4, the hash rate was reported as 0.00 with a 100.00% drop, followed by a 941.25B reading with an ‘infinity’ variation, suggesting data irregularities or extreme fluctuations. On August 3, the hash rate was 911.19B, an 11.60% decrease from 1.03T on August 2. This hash rate volatility makes a clear trend in computational mining capacity hard to pin down.

Taking stock

The crypto market is navigating a complex environment, marked by ‘Fear’ but also notable increases in trading activity and some positive price moves for key assets. While the Fear and Greed Index from Alternative.me and Milkroad.com sits at 25pt, Coinstats.app shows an improving trend, climbing from 32pt to 37pt between August 2 and August 4. This suggests extreme market apprehension is gradually easing.

Bitcoin’s recent performance shows this duality: its capitalization dipped a minor 0.03% on August 4, yet its 24-hour trading volume surged by nearly 60%, indicating robust trader engagement. Ethereum mirrored this pattern with a 0.78% price increase on August 4, even as its capitalization fell 1.28%. This divergence between capitalization and volume suggests capital might be rotating, but significant liquidity and market interest remain.

Trading volumes jumped across major exchanges on August 4, with Kraken’s volume up 142.63% and Binance’s up 73.88%. This points to heightened activity, suggesting market participants are actively positioning themselves. They’re likely reacting to recent news, including Ripple’s strategic investments and Robinhood’s expansion, which are generating positive sentiment despite ongoing concerns like the Coldcard exploit.

So What

For today’s crypto market observers, the environment suggests active re-evaluation, not clear directional momentum. The ‘Fear’ sentiment, with the Fear and Greed Index at 25-37pt, means many investors are cautious. However, significant trading volume increases across exchanges like Binance (up 73.88%) and Kraken (up 142.63%) on August 4 imply capital is moving, not just sitting idle.

Bitcoin’s slight 0.03% capitalization dip on August 4, coupled with a nearly 60% volume surge, suggests some holders might be taking profits or rebalancing. But new money is also entering, or existing funds are actively trading. This creates opportunities for those who can spot short-term trends or specific asset performance, like Ethereum’s 0.78% price increase on August 4.

The Coldcard exploit, with Galaxy estimating up to 2,055 Bitcoin potentially stolen, remains a tangible risk. This emphasizes the importance of secure storage and staying informed about vulnerabilities, even as positive news like Ripple’s XRPL infrastructure investments emerges.

What next?

Over the next 8 hours, market watchers should closely monitor the Coinstats.app Fear and Greed Index for movement above its current 37pt; a sustained increase could signal a broader shift from fear to neutrality. Watch Bitcoin’s price action around the $64,000 level, as mentioned in recent news, to see if it can hold or surpass that point after its recent fluctuations.

Watch the 24-hour trading volumes for Bitcoin and Ethereum. Bitcoin’s volume surged 59.55% on August 4, and Ethereum’s by 32.79%. Continued or accelerated high volumes could signal sustained interest and potential for more price movement. A sharp decline, conversely, might signal lost momentum.

Also, consider the impact of upcoming moderate-impact economic events on August 5: the ADP Employment Report at 12:15:00 and the ISM Services Index at 14:00:00. These reports could introduce new volatility or reinforce existing trends in broader financial markets, often spilling over into crypto performance.

Disclaimer – Informational Content, Not Investment Advice

Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.

About the Author: CryptoTrends Team

With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.