Global crypto market capitalisation near 2.2 trillion dollars as bitcoin trades in the 63,000 dollar channel

According to an Arzdigital report on the evening of Monday, August 3, 2026, the total capitalisation of the global cryptocurrency market stood around 2.2 trillion dollars after a 0.8 percent decline over the preceding 24 hours. Bitcoin was trading in the 63,000 dollar channel, more than 4 percent lower over one week, while ether was around 1,800 dollars after a weekly drop of about 6 percent.

At 21:22 on Monday, August 3, bitcoin was quoted at 63,926 dollars.

Traders in this market are sensitive to moves in the Japanese yen: years of low Japanese interest rates underpinned the yen carry trade, in which cheap yen funding was channelled into risk assets including equities and cryptocurrencies. Following the joint US and Japanese currency intervention in recent days, market attention has turned to the Federal Reserve's weekly balance sheet report.