Daily Market Movers — Wednesday, August 5, 2026

Key takeaway: U.S. equities and global stocks hit record highs on August 5, 2026, while Bitcoin stayed flat near $64,000, trading 49% below its October 2025 all-time high. The S&P 500 closed at 7,736.52, gaining 136.02 points or 1.79%. The Dow Jones Industrial Average settled at 54,085.88, up 907.47 points or 1.71%. The Nasdaq Composite advanced 671.10 points or 2.59% to 26,584.99. All three indices set new record closes on the same session. Crypto assets underperformed equities despite the broad risk-on environment. Bitcoin traded at $64,117, up less than 1% on the day, according to CoinGecko data. Ethereum slipped to $1,864, down about 2% over the past week — the only major cryptocurrency in the red on a weekly basis. **Total cryptocurrency market capitalization stood at $2.19 trillion on August 5, a 0.60% increase over the previous day.** Bitcoin's market dominance was 56.4%, per KuCoin data. The 24-hour global trading volume across all crypto assets was $56.42 billion. **Binance recorded $23.75 billion in 24-hour trading volume on August 5, up 21.30%.** Across all exchanges, Coinglass data showed $207 million in total liquidations over the past 24 hours. Short positions accounted for $137 million of that total, while longs saw $69.3 million liquidated. The Fear & Greed Index registered 27 on August 5, up from 25 the prior day but still in "fear" territory. That contrasts with equity market sentiment, where the S&P 500 closed above 7,700 for the first time ever. Oil prices fell sharply on expectations of a U.S.-Iran deal to reopen the Strait of Hormuz. Brent crude traded below $80 per barrel. The U.S. Dollar Index slipped to 99.890, down 0.01%, and lower oil prices reinforced expectations of a more dovish Federal Reserve. Asian markets followed Wall Street higher on August 5. Bursa Malaysia opened at 1,736.36, up 3.70 points, with gainers outnumbering losers 283 to 140. The MSCI emerging markets Asia equities index rose about 3% to a two-week high. Bitcoin's flat price action came despite record equity valuations. BTC traded at $64,270, gaining less than 1% on the day. The largest cryptocurrency stayed roughly flat over seven days and sat about 49% below its October 2025 record above $126,000. Altcoin performance was mixed on August 5. BNB rose over 1% to $598, with a weekly gain of about 5%. XRP traded at $1.07, down nearly 1% on the day. Solana held near $73.60, roughly unchanged.

Top Gainers Analysis

Top News — August 5, 2026 US-Iran Talks & Strait of Hormuz A deal appears within reach. U.S. President Donald Trump said his administration had "very good discussions" with Iran during all-day negotiations on Tuesday, fueling expectations of an imminent end to the five-month conflict. Trump told Fox News the Strait of Hormuz "is going to be open very soon." U.S. Treasury Secretary Scott Bessent said Tuesday there is a chance a deal could be reached that day or Wednesday to reopen the strait. Axios reported the U.S. and Iran are closing in on an interim agreement with Oman's involvement, with Washington aiming for an announcement Wednesday. However, Iranian state media, citing an informed source, said an agreement will be delayed "as long as the United States continues to threaten Iran." Iran's Foreign Ministry spokesperson Esmaeil Baghaei described talks with Oman over transit through the strait as "positive" at both technical and political levels, with a focus on designating safe routes for vessels. Market reaction. Oil prices fell and stocks jumped in Asian trade Wednesday after Wall Street hit record highs on hopes for a deal. The S&P 500 and the Dow closed at record highs Tuesday, powered by strong earnings from AI-related companies including Caterpillar and Palantir. Most emerging Asian equities climbed to multi-week highs, with oil prices holding below $80 a barrel. Bursa Malaysia opened slightly higher, with gainers outnumbering losers 283 to 140. Comparison: The Strait of Hormuz normally carries about one-fifth of global oil and liquefied natural gas shipments. The five-month conflict has halted most traffic through the strait while Washington maintains a blockade of Iran-related shipping and ports. Separately, the Houthis have imposed a naval blockade on Saudi Arabia in the Red Sea, further restricting oil shipments. Russia-Ukraine War Escalating cross-border attacks. One person was killed and 12 injured in a large-scale Russian missile and drone attack on Kyiv overnight Wednesday. Damage was recorded at more than seven locations across the city, with one warehouse destroyed near the city center. In the surrounding Kyiv region, another person was killed and 21 injured. Massive Ukrainian drone attack on Moscow. Moscow came under a massive Ukrainian drone attack, with over 190 UAVs shot down. Five people were killed and six injured in a Ukrainian drone attack on the Moscow oblast Tuesday morning. On Monday, Russian local authorities said 10 people were killed and dozens injured in Ukrainian drone attacks on several regions of Russia. Comparison: Ukrainian air defense forces failed to intercept a single missile fired by Russian forces overnight, according to the Ukrainian Air Force. Russia launched a massive strike using ground-based precision weapons and long-range unmanned combat aerial vehicles. Yemen & Red Sea Conflict Houthis attack Saudi oil tanker. Yemen's Iran-aligned Houthis said Wednesday they launched a ballistic missile attack on a Saudi oil tanker off the coast of the Red Sea port city of Yanbu. The group's military spokesperson claimed the attack on the tanker Wafa was "successful." Saudi officials did not immediately respond. Indian ship sinks in Red Sea. An Indian-flagged commercial ship sank in the Red Sea Tuesday after an attack, with Yemen's internationally recognized government blaming Houthi rebels. Coast guards rescued the crew. Comparison: Since imposing a maritime blockade on Saudi Arabia in late July, the Houthis have attacked 8 Saudi oil tankers and intercepted or forced 29 Saudi oil tankers to turn back in the Red Sea and Arabian Sea. Malaysia & Regional News Myanmar refugee repatriation. Malaysia will not proceed with repatriating 5,000 Myanmar refugees (ethnic Rohingya) if their lives are found to be at risk upon return. "Malaysia, as a responsible country, will not return the 5,000 Myanmar refugees if they would either be persecuted or their lives would be threatened," Communications Minister Fahmi Fadzil said. The foreign and home ministries are reviewing the plan. Illegal e-waste raids. The General Operations Force Northern Brigade seized 120,220 kg of illegal electronic waste worth about RM9.39 million, along with processing machinery, during raids on three premises around Ipoh on Aug 3. Fourteen people were arrested. Bursa Malaysia. The FTSE Bursa Malaysia KLCI edged up 0.02 of a point to 1,732.68 from Tuesday's close of 1,732.66. Turnover amounted to 247.46 million shares worth RM165.15 million. Singapore IPOs. Singapore led Southeast Asia's IPO fundraising rebound in the first half of 2026, raising $1.1 billion — up sharply from a single IPO in the same period last year. Disasters & Accidents Ethiopia landslide. Fourteen people were killed in a landslide triggered by heavy rainfall in northern Ethiopia's Amhara region. The landslide occurred near the Tsadkane Mariam Monastery in the North Shewa Zone, burying worshippers gathered for a religious ceremony. Seven others were injured, five seriously. Ethiopia is in its main rainy season, which runs from June to September. Comparison: This follows a much deadlier mudslide in southern Ethiopia earlier this year that killed at least 257 people. SpaceX rocket to hit Moon. A used SpaceX Falcon 9 upper stage weighing roughly 3,900 kg is expected to crash into the Moon Wednesday near the Einstein and Bell craters. NASA said the impact poses no danger to Earth. The rocket is traveling at about 2.43 km/s (5,400 mph). NASA scientists plan to collect lunar data and refine techniques for tracking objects in space. Comparison: A meteoroid with the same energy as the upper stage hits the Moon about every six days — the lunar surface constantly absorbs impacts with the same force. The rocket stage is expected to create a crater about 60 feet (18 meters) wide and 12 feet deep. Other Global Headlines DR Congo Ebola outbreak — Ebola has killed more than 1,700 people in the Democratic Republic of Congo, with 3,802 cases recorded as of Tuesday. Europe energy crisis — Romania blew up a rock outcrop to divert cooling water from the drought-hit Danube River to its sole working nuclear reactor; neighboring Hungary may only have two more days of power from its atomic plant. Australia house fire — A woman and five children were hospitalized with injuries from a house fire in Queensland (previous report). Indonesia earthquake — A 5.6-magnitude earthquake struck off North Maluku province (previous report).

Biggest Losers

Notable Losers

Bitcoin traded at $64,117 on August 5, 2026, with a 24-hour gain below 1% and a flat weekly performance, per CoinGecko data. Bitcoin's market capitalization stood at $1.29 trillion, while the global crypto market cap reached $2.19 trillion, a 0.60% increase over the previous day, according to eToro market data. Ethereum underperformed, posting $1,864 with a 2% weekly decline — the weakest major cryptocurrency, per CoinGecko. BNB showed relative strength at $598, up over 1% daily and 5% weekly, while XRP fell nearly 1% to $1.07 and Solana held flat at $73.60, according to the same data. Binance's opening rate for Bitcoin on August 5 was $64,106.55, with a 24-hour trading volume of $875.1 million, per exchange data. Total crypto market capitalization registered $2.2 trillion, up 0.62% over 24 hours, while 24-hour liquidations dropped to $186.33 million, a 20.66% decline, per Bitget News. The Fear & Greed Index read 38, still in "fear" territory, while Bitcoin's market dominance remained at 56.4%, per KuCoin data. Bitcoin ETF inflows for August reached $381.6 million so far, after $172.4 million in July, pointing to improved institutional interest, according to Investing.com. DeFi total value locked stood at $74.959 billion on August 5, a 0.03% 24-hour increase, per DefiLlama data. Stablecoin market capitalization was $309.99 billion, with USDT dominance at 59.37%, while DEX 24-hour volume reached $5.336 billion, 27.69% of total exchange volume, according to the same source. Ethereum staking has exceeded one-third of total supply, with a proposal to dynamically burn validator rewards when staking reaches 50%, per KuCoin's market report. Global equities reached record highs, with the S&P 500 at 7,736.49, up 1.79%, and the NASDAQ at 26,584.99, up 2.59%, while Bitcoin stayed range-bound between $63,382 and $64,549, per KuCoin and BlockTempo data. The MSCI All Country World Index rose 0.4% to near record closing highs, while MSCI Asia Pacific Index jumped 2.2%, according to anueNews. Oil prices fell 1.1% to $78.50 per barrel on Hormuz Strait reopening talks, yet crypto markets failed to attract risk-on flows.

What to Watch

• BTC $63,077 support failure risk rises as RSI reaches 45.3, according to CoinGecko data.
• ETH $1,871 momentum depends on RSI holding 51.7, according to CoinMarketCap data.
• Crypto fear remains at 27 as market capitalization falls to $2.25T, per CoinGecko data.
• BTC dominance at 56.2% signals altcoin pressure, according to CoinMarketCap data.
• SOL $72.99 weakness continues while RSI drops to 42.3, according to CoinGecko data.