BTC rose slightly by 0.34% over 15 min: The escalation of the US-Iran conflict boosted safe-haven demand, while a large investor accumulated 19,610 BTC against the trend.

BTC1.31%
GLDX0.73%
PAXG0.63%

From 16:00 to 16:15 UTC on August 5, 2026, BTC rose 0.34% over the 15-minute period, trading within a range of 64,392.2–64,609.8 USDT. Although the gain was limited, BTC moved against the broader trend in a market dominated by risk-off sentiment, attracting significantly increased attention.

The primary driver of this move was the continued escalation of the U.S.-Iran military conflict. U.S. Central Command confirmed that it had intercepted 45 merchant ships, disabled two, and boarded and inspected two others. A merchant ship in the Strait of Hormuz was attacked by an unidentified projectile, sharply increasing geopolitical risk. Meanwhile, although the Fed kept interest rates unchanged at its July meeting, three of the 12 officials voted for a rate hike, raising the probability of a hike this year to 57% and intensifying concerns about tighter monetary policy. BTC benefited from the “digital gold” narrative, with signs of inflows into safe-haven funds.

In addition, on-chain data shows that whale wallets holding 10–10,000 BTC have cumulatively added 19,610 BTC since July 29, while retail investors sold in a panic, indicating a transfer of holdings from weak hands to strong hands. Gold simultaneously reached a one-month high of $4,175.53 per ounce, while the USD weakened, providing multiple sources of support for safe-haven assets. Order book data shows a buy/sell depth ratio of 24.59, indicating extreme bid dominance. However, it should be noted that the current data covers only one order-book level, so the depth sample is limited.

In the short term, attention should be paid to developments during the 48-hour window for U.S.-Iran negotiations. The release of positive signals could quickly suppress the safe-haven premium. Meanwhile, the U.S. nonfarm payrolls (NFP) data is about to be released; strong data would reinforce rate-hike expectations and create medium-term pressure on BTC. The key level to watch is whether BTC can decisively break through the round-number threshold of 65,000.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
GoddessOfSelf-DisciplineAndvip
· 08-07 11:08
Get on board quickly! 🚗
View OriginalReply0
GateUser-1162f67bvip
· 08-07 09:04
Ape In 🚀
Reply0
GateUser-1162f67bvip
· 08-07 09:02
2026 GOGOGO 👊
Reply0
GateUser-dc166581vip
· 08-07 05:47
To The Moon 🌕
Reply0
GateUser-dc166581vip
· 08-07 05:47
To The Moon 🌕
Reply0
GateUser-dc166581vip
· 08-07 05:47
2026 GOGOGO 👊
Reply0
GateUser-dc166581vip
· 08-07 05:47
2026 GOGOGO 👊
Reply0
GateUser-c434292bvip
· 08-06 10:50
Buying the dip 😎
View OriginalReply0
GoddessOfSelf-DisciplineAndvip
· 08-06 03:59
Just send it 👊
View OriginalReply0
GoddessOfSelf-DisciplineAndvip
· 08-06 03:59
Just send it 👊
View OriginalReply0
View More