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Bitcoin Is Barely Moving Day to Day, But It's Down Nearly 45% From a Year Ago

A quiet Friday morning for crypto prices masks a much rougher twelve months. Here is where Bitcoin, Ethereum and XRP actually stand.

By THRYV Money Desk·Published August 9, 2026·Updated August 9, 2026·4 min read
Bitcoin Is Barely Moving Day to Day, But It's Down Nearly 45% From a Year Ago
Finance · Illustration commissioned for THRYV. Photography is replaced with original imagery as each story is produced.

The takeaway

Bitcoin traded around $64,745 on the morning of August 7, 2026, up less than half a percent on the day and about 0.85% over the past month. The number that matters more: Bitcoin is down nearly 45% from where it stood a year earlier, when it traded above $117,000. Ethereum and XRP have followed a similar pattern.

Bitcoin traded at $64,744.92 at 5:30am ET on August 7, 2026, a gain of $235.07, or 0.36%, on the previous day. Zoom out and the picture changes: the same asset traded above $117,492 exactly a year earlier, a decline of nearly 45% over twelve months.

The numbers

  • Bitcoin (BTC): $64,744.92, up 0.36% on the day, up 0.85% over the past month, down 44.89% year over year.
  • Ethereum (ETH): $1,908.76.
  • XRP: $1.03.
  • Tether (USDT): $0.99, tracking its dollar peg as expected.

Why the short-term move doesn't tell you much

A 0.36% daily move is well within crypto's normal noise band. What day-to-day price coverage tends to obscure is that short-term crypto prices are, in the words of market reporting on this data, heavily driven by trader psychology and sentiment rather than any single fundamental catalyst on a given morning.

The honest caveat

A one-year decline of this size does not by itself tell you whether an asset is undervalued, overvalued, or simply volatile — and nothing here is investment advice. If you hold or are considering holding crypto assets, the twelve-month number is the one worth sitting with longer than the morning's price tick.

Sources

This article is original writing by THRYV. We link to primary reporting and official documents rather than reproducing them.

  1. Current price of Bitcoin for Aug. 7, 2026Fortune

Why you can trust this article

Written and edited in-house by the THRYV Money Desk. We do not republish or reword agency copy, and we do not invent quotes, statistics, testimonials or ratings. Where figures move frequently, we point you to the primary release rather than printing a number that will be out of date. Advertising and affiliate partnerships have no influence on our reporting — see our editorial standards, fact-checking policy and affiliate disclosure. Spotted an error? Write to newsroom@thryv-news.com.

General information only. Not personalised financial, medical or legal advice.

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