Back to all news
Bitcoin

Live updates: AI stocks surge on Q2 beats, bitcoin falls below $64,000 as inflation hits estimates

CoinDesk·August 12, 2026·1 min read
Live updates: AI stocks surge on Q2 beats, bitcoin falls below $64,000 as inflation hits estimates

Bitcoin fell below $64,000 as inflation hit estimates. Blockchain data shows a Japanese treasury firm moved bitcoin between wallets, not to an exchange, so the transfer isn't a sale despite its $1.4 billion paper loss. The movement clarifies that the transfer was not a sell order, allaying market sell-off fears.

Read at CoinDesk
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store