$BTC Bitcoin is holding near $77,000–$78,000 after a strong +24% August. Ethereum sits around $2,400–$2,450. Most majors are consolidating as markets digest hawkish Fed signals and rising oil prices.

What’s moving the market right now

Institutional money is still flowing

Bitcoin ETFs saw a solid rebound (BlackRock’s IBIT led ~$217M inflows). Strategy also jumped back in with $370M in BTC buys.

Big traditional finance news

Citi, Goldman Sachs and 21 other banks just announced a joint stablecoin venture. Crypto treasury companies now sit at a $340B market cap.

Regulation updates

The SEC is pushing to modernize transfer-agent rules for blockchain. More clarity is slowly coming.

Hot narratives

Hyperliquid (HYPE) continues to lead among large caps. Robinhood Chain is printing big DEX volume, especially in memecoins. Token unlocks (including a large HYPE one) are on the radar this month.