Bitcoin closed the July 31 to August 7 stretch up about 2.35% and has now held near $65,000 for seven consecutive sessions, keeping it inside the $61,500 to $67,253 channel it has traded for roughly six weeks. Cardano was the week's outlier, climbing close to 20% on whale activity and a record decentralization reading. Hashdex's decision to liquidate its spot Bitcoin ETF after August 17 introduces a wrinkle, since unwinding the fund means its Bitcoin gets sold into the market mid-month.