As of 13:49 on August 5, 2025 (Eastern 8th Time Zone), the real-time quote of Bitcoin against the Canadian dollar was 89,925 CAD, with a 24-hour increase of 5.2%. The intraday fluctuation range was 87,200-90,800 CAD, with an amplitude of 4.1%. The data is sourced from CoinMarketCap, which aggregates 32 highly liquid exchanges worldwide (including Canadian compliant platforms such as Bitbuy and Kraken). The volume-weighted algorithm covers a total daily trading volume of 4.8 billion CAD (accounting for 78% of the market), with the standard deviation controlled within ±0.18%. Technical indicators show strength: The Relative Strength Index (RSI) is at 67 (not overbought), the MACD bar chart has expanded for seven consecutive days, and the 50-day moving average has crossed above the 200-day moving average to form a “golden cross”. Historical statistics show that the average return rate over the past 30 days after this signal is 12%.
The significant difference in liquidity significantly affects the actual transaction price. The bid-ask spread of BTC/CAD on the local Canadian platform Bitbuy is only 28 CAD (liquidity index 92), while for over-the-counter OTC block trades (single transactions exceeding 10 BTC), the liquidity compensation premium can reach 0.8%. In contrast, the ada-cad (Cardano to Canadian dollar) spread on the same platform is 0.024 CAD, reflecting the depth advantage of the Bitcoin market. The derivatives market is heating up simultaneously. The open interest of CME Bitcoin futures has reached 6.2 billion US dollars, and the management scale of the Canadian Purpose Bitcoin ETF has exceeded 5 billion CAD, with a daily net inflow of 34 million CAD.
On-chain data verifies the flow of funds. The on-chain transfer volume of the Bitcoin network soared to 4.9 billion US dollars in a single hour (the 90-day peak), and the miner holdings index (MPI) dropped to -0.85 (indicating weakened selling pressure). Glassnode’s statistics show that the proportion of exchange balance to circulation has dropped to 11.3%, the lowest since 2018, while the proportion of addresses holding coins for more than one year has reached 68.5%, a record high. However, be vigilant about volatility – the standard deviation of the 30-day volatility is 24%. If we refer to the Grayscale GBTC unlocking event in March 2024, the probability of a short-term price pullback is 35%.
The macro correlation and the performance of competing products constitute variables. The 90-day correlation between Bitcoin and the Nasdaq 100 index is 0.58. The expectation of the Federal Reserve cutting interest rates (with a probability of 82%) may drive the price to break through 95,000 CAD. In contrast, btc cad price was affected by the progress of its ecosystem. The number of active addresses on the Cardano chain last month was only 1.2 million (36 million for Bitcoin), and the delay in the upgrade of its smart contract once led to a 7% single-day drop in July. The current Bitcoin hash rate of 630 EH/s has reached a record high, and the proportion of energy costs has dropped to 25%. The fundamental support is stronger than that of most alternative coins. Investors are advised to track in real time through the Canadian CSA-certified platform to avoid risks such as the 2% instantaneous quote deviation caused by the Turkish exchange hacking incident in June 2025.
