August 26 Morning News: The market first dips on the morning. BTC is at $78,656 (-1.38%), ETH at 2,447.89 (-1.86%), BNB at 693.94 (-2.27%), and SOL at 96.8 (-4.99%).
The total market cap across the entire network has fallen back to $2.66 trillion, down 3.33% in 24 hours, with BTC’s market share at 59.2%.
My understanding is simple: major coins are generally weak overall, while altcoins are hit harder. First, watch whether BTC can hold the 78,000 line. If it can’t, sentiment will likely need more time to cool off.
The total market cap across the entire network has fallen back to $2.66 trillion, down 3.33% in 24 hours, with BTC’s market share at 59.2%.
My understanding is simple: major coins are generally weak overall, while altcoins are hit harder. First, watch whether BTC can hold the 78,000 line. If it can’t, sentiment will likely need more time to cool off.