Digital Assets Watch: Crypto Weekly: ADA and Privacy Coins Outperform While XRP Slides

Latest reporting indicates that the aggregate crypto market cap rose from under $2.2 trillion to $2.9 trillion during the first week of August 2026.

Bitcoin gained over 3% to peak above $65,300, pushing its market cap past $1.3 trillion while Cardano logged a second week of double-digit gains.

The first week of August delivered strong momentum across the crypto token market, with aggregate market capitalization surging from a low under $2.2 trillion to reach $2.9 trillion by Aug.

Bitcoin spearheaded the rally, reclaiming the $65,000 threshold for the first time in August and lifting its total market cap back past $1.3 trillion.

Sector data shows bitcoin gained over 3% over seven days, ascending from $62,721 to a peak just above $65,300 on Friday before consolidating above key support.

Crucially, bitcoin secured these gains despite regulatory headwinds following the U.S.

Senate’s failure to pass the CLARITY Act.

While bitcoin anchored the broader market, Cardano (ADA) emerged as the week’s standout performer, logging double-digit gains for the second consecutive week.