Bitcoin consolidates around $65K, setting its sights on $70K

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August 10, 2026 · 9:43 AM

Bitcoin consolidates around $65K, setting its sights on $70K

The crypto market capitalisation has risen to $2.22T, returning to the levels seen at its two-week highs. Since the start of August, the balance of power has shifted in favour of buyers, but the pace of this recovery is significantly slower than that of the similar rally seen in early July.

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