Bitcoin.com
ADA and Privacy Coins Explode While XRP Tumbles as Bitcoin Reclaims $65K Despite CLARITY Act Setback
August 8, 2026•06:46 PM
The crypto market experienced significant gains in the first week of August 2026, with total market cap surging from under $2.2 trillion to $2.9 trillion. Bitcoin surpassed $65,300, pushing its market cap past $1.3 trillion, while Cardano (ADA) logged a second week of double-digit gains, outperforming most major cryptocurrencies. Despite the setback with the CLARITY Act, Bitcoin showed resilience by reclaiming the $65K level. Meanwhile, privacy coins and ADA continue to attract investor interest, outperforming assets like XRP which are facing selling pressure. This market movement reflects a shift in interest toward projects with strong fundamentals and privacy focus, potentially reshaping the cryptocurrency landscape in 2026.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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