Cryptocurrency18 Aug 2026SEO 881 min read

Analysis: Bitcoin climbs above $64,000 while most majors slip

Miners have cut their computing power by a fifth over three quarters to make room for AI, and Venice's token jumped 10% after the company said it crossed…

Miners have cut their computing power by a fifth over three quarters to make room for AI, and Venice's token jumped 10% after the company said it crossed $100 million in annualised revenue. Bitcoin climbed above $64,000 and was the only major cryptocurrency with a notable daily gain, while most other large tokens slipped or were flat. Analysts said bitcoin remains stuck between $62,000 and $65,000 and below key moving averages, leaving sellers in control of medium- and long-term trends. Pu…

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