Monday, 24 August 2026 | India

🟢 Crypto — Momentum still strong

BTC: around $77.5K–$77.8K, after a roughly 23% weekly rally. Institutional demand, ETF inflows, short covering and a weaker USD are driving the move.

ETH: around $2.4K, holding the broader risk-on move. Bitcoin and Ether ETFs reportedly attracted $2.6B in their strongest inflow week since October.

Altcoins: XRP and SOL are among the names worth watching. U.S.-listed crypto products outside BTC/ETH attracted nearly $90M last week, led by XRP and Solana products.

Market mood: 🟢 Bullish, but stretched. After such a large BTC move, chasing green candles carries higher pullback risk.

💵 Forex — USD under pressure

The U.S. dollar is trading near multi-month lows. Treasury bond-buyback plans and concerns around U.S. debt/fiscal policy are weighing on USD sentiment.

EUR/USD: bullish bias while EUR holds above the 1.15 area

GBP/USD: sterling remains relatively strong around the 1.35 area

USD/JPY: yen weakness remains a major theme, but BOJ hike expectations could create sharp reversals.

AUD/NZD: benefiting from broad USD weakness.

🏦 Biggest macro theme today

Jackson Hole is the main event of the week. Markets are waiting for Fed Chair Kevin Warsh's speech later this week, while U.S. PCE inflation on Wednesday could strongly influence rate expectations.

🔥 What I'm watching today

Crypto:

BTC $80K test → ETH strength → XRP/SOL continuation → ETF flows → liquidation spikes

Forex:

USD weakness → EUR/USD → GBP/USD → USD/JPY → Treasury yields

Risk warning: Monday liquidity is relatively thin early in the session, so breakouts can be less reliable.

🎯 Morning takeaway

BTC: 🟢 bullish momentum, but don't FOMO the top

ETH: 🟢 constructive

Altcoins: 🟢 momentum expanding

USD: 🔴 under pressure

EUR/GBP: 🟢 supported

JPY: 🟡 volatile

Overall: Risk-on, but expect sharp pullbacks after BTC's huge weekly run.

*Not financial advice; these are market observations, not guaranteed trade signals.*