Monica Markets | Monday August 3, 2026
Your crypto snapshot to start the week, Market prices update every second.
The crypto market is opening Monday under noticeable pressure, with Bitcoin sliding below $63,000 and the broader market reflecting continued caution following last week's Federal Reserve meeting and ongoing macro uncertainty around oil prices and global trade tensions.
BTC: $62,400 (avg across CoinMarketCap $62,350.57, CoinGecko $62,319.97, CoinDesk $62,456.73, Market Summary $62,373.76)
ETH: $1,834.83 (avg across Market Summary $1,834.81, CoinMarketCap $1,834.69, CoinGecko $1,835.00)
SOL: $72.07 (avg across CoinMarketCap $71.99, CoinGecko $72.15, Market Summary $72.08)
USDT → ₦1,359 (CoinMarketCap ₦1,359.08 | Market Summary ₦1,359.59) USD: ~$1.00
USDC → ₦1,358 to ₦1,380 | USD: ~$1.00 (CoinMarketCap $0.9997 | CoinGecko $0.9993)
Market Sentiment: Fear territory — cautious open to the week
What is driving the market today:
Bitcoin has pulled back from last week's $65,000 range, dropping toward $62,400 as the market digests the Federal Reserve's decision to hold rates at 3.50 to 3.75 percent while signalling that September remains live for a potential hike, language that has kept risk appetite suppressed across crypto and equities heading into the new week, Ethereum is holding above $1,830 but has struggled to reclaim the $1,900 level it briefly touched last week, while Solana is trading around $72, pulling back from the $76 range of recent sessions as broader market pressure weighs on altcoins more heavily than Bitcoin.
The USDT and USDC naira rates remain relatively stable between ₦1,358 and ₦1,380, reflecting a naira that has held broadly steady in recent weeks despite global volatility.
This week to watch:
US jobs report Friday August 7, any new Fed commentary on September rate expectations, oil price movements following ongoing Strait of Hormuz tensions and the Senate's final week before August recess on August 7, which is the last realistic window for the CLARITY Act to advance this year.
All prices update every second. Convert your crypto to naira instantly on Monica the moment the rate works for you.
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