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Bitcoin recovers above $54,000

BlockBeats news: On August 5, according to HTX market data, Bitcoin rebounded above $54,000 and is now quoted at $54,048, with the 24-hour decline narrowed to 9.42%.

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On-Chain Activity

4h ago

'Machi' account net asset value drops to just $640,000, with a loss of $7.45 million over the past 7 days.

5h ago

'Machi' Ethereum long position just about $20 away from liquidation, position drops to $54 million after forced liquidation

6h ago

'Machi' continues to close long positions on Ethereum, liquidation price at $2,470.73.

6h ago

U.S. government address transfers 12,267.02 BTC again, approximately $1.006 billion.

24H Important News

2026-10-09

Whale 'Set 10 Big Targets First': Under Multiple Macro Headwinds, BTC Only Pulled Back About 5%, Will Continue Holding If It Does Not Fall Below $79,000

Papertrade opens pre-deposits, with official trading expected to launch on October 10.

Nasdaq declines widen to 1%, Philadelphia Semiconductor Index drops over 2%.

OpenAI's annualized revenue is $20 billion lower than previously reported, now standing at $50 billion.

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