Bitcoin flat at $64,000 as stocks print records and Hormuz deal nears

MarketsBitcoin flat at $64,000 as stocks print records and Hormuz deal nearsBTC held near $64,000 as MSCI's world index set another peak and Brent fell toward a Hormuz deal. Ether is the only major down on the week.By Shaurya Malwa Aug 5, 2026, 4:32 a.m. 2 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowMajor cryptocurrencies, including bitcoin and ether, were little changed despite global stock indexes hitting fresh records on renewed enthusiasm for artificial-intelligence-related shares.Bitcoin is trading just above $64,000, roughly flat over the past week and still about 49% below its October peak, while ether is the only major token down on the week.With cheaper oil, easing rate expectations and a strong risk-on rally in equities failing to lift digital assets, analysts say crypto’s drag appears to be driven by internal market dynamics rather than macroeconomic factors, even as traders watch for a potential Strait of Hormuz deal.Bitcoin and other majors were little changed on Wednesday even as global equities pushed to fresh records on renewed enthusiasm for the AI trade, leaving crypto out of a rally it would normally follow.BTC traded just above $64,000, up under 1% on the day and roughly flat over seven days. Ether slipped to $1,864 and is down 2% on the week, the only major in the red on that view. XRP fell almost 1% to $1.07, dogecoin the same to just under 7 cents and tron under 1% to 33 cents. Solana was flat near $73.60. BNB added over 1% to $598 and leads the majors over seven days at 5%. Hyperliquid's HYPE was the standout, up 3% to nearly $56 and 3% higher on the week.The equity tape did the opposite. MSCI's All Country World Index rose 0.4% toward another record close, its Asia Pacific benchmark gained 2.2%, and Australian shares hit a new peak after the S&P 500 and Dow both closed at all-time highs Tuesday.SK Hynix rose 6.4% after the Seoul open and Nvidia added over 2% …

Bitcoin flat at $64,000 as stocks print records and Hormuz deal nears

Coins in this story

Discussion

Related stories

Ledger Says Coldcard Exploit Shows Bitcoin Wallet Security Must Adapt to AI

"You stole, please return some." Coldcard hacker's wallet becomes a graffiti wall of pleas and hustles

This Bitcoin Bridge Shut Itself Down Because AI Was Finding Bugs Too Fast