--- title: "Bitcoin hovers near $65,000 as key resistance caps further upside; Ethereum gains momentum" type: "News" locale: "en" url: "https://longbridge.com/en/news/295296968.md" description: "Bitcoin hovers near $65,000 resistance while Ethereum gains momentum. Bitcoin rose 1.05% in 24 hours to ~$64,966, facing resistance at $65,000–$65,600. Ethereum climbed 0.55% to ~$1,915. Major altcoins like BNB and Solana gained up to 2.46%, while Hyperliquid and Cardano declined. Crypto ETFs saw $745 million in net inflows over four sessions. On-chain data shows 155,000 BTC accumulated between $62,000–$65,000, indicating steady buying interest." datetime: "2026-08-08T09:18:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295296968.md) - [en](https://longbridge.com/en/news/295296968.md) - [zh-HK](https://longbridge.com/zh-HK/news/295296968.md) generator: "portal-rs" --- # Bitcoin hovers near $65,000 as key resistance caps further upside; Ethereum gains momentum Bitcoin hovered around $64,966 on Saturday, with the key resistance level capping further upside, while Ethereum also gained momentum. Bitcoin was trading at $64,961, while Ethereum was around $1,915.Over the past 24 hours, Bitcoin gained 1.05% and Ethereum rose 0.55%. Among major altcoins, BNB, XRP, Solana, Tron and Dogecoin gained up to 2.46%, while Hyperliquid and Cardano declined 2.48% and 1.14%, respectively. **Also Read |** Parag Parikh Flexi Cap current underperformance not noteworthy; cash at 14-15%, HDFC Bank outlook unchanged: Rajeev Thakkar Riya Sehgal, Research Analyst, Delta Exchange, said Bitcoin traded near $64,900 and continues to face a key resistance zone around $65,000–$65,600 and a sustained break above this area would strengthen the case for continuation. Sehgal further said that Ethereum showed relatively better momentum, holding above $1,900 with resistance near $1,920 and then $1,950 and overall, the macro setup has become more supportive for risk assets, but crypto still needs technical confirmation. The global crypto market capitalisation went up 0.87% to $2.21 trillion, according to CoinMarketCap. In the past week, Bitcoin and Ethereum were up 3.09% and 2.52% respectively. Among the major altcoins, BNB, Solana, Hyperliquid, Dogecoin, and Cardano rallied upto 16.46% whereas XRP and Tron were down 2.68% and 0.03% respectively.Nischal Shetty, Founder, WazirX said crypto markets ended the week higher, with Bitcoin gaining 1.8% from $63,085 to $64,214. Ethereum advanced 1.9%, recovering from $1,863 to $1,898. ETH remained close to the $1,900 threshold, although mixed risk sentiment limited further momentum. “On-chain data also showed around 155,000 BTC accumulated between $62,000 and $65,000, indicating continued buying within Bitcoin’s weekly range. Crypto ETFs generated approximately $745 million in net inflows across four consecutive positive sessions. Daily inflows ranged from around $20 million to $300 million and averaged nearly $186 million, reflecting consistent demand for regulated crypto exposure.” **Also Read |** Explained: Want to choose the right mutual fund? Check these 10 key ratios Shetty further said that futures activity centred on Bitcoin’s $63,000 support and $65,000 resistance, and open interest, funding rates and volume remained important for confirming moves beyond these ranges. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. 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