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CryptoMarkets

Crypto News: Bitcoin Rally, Ethereum Upgrade, TON and TikTok Payments

Bitcoin’s sharpest weekly rise in years led a busy run of crypto developments. Short liquidations reached billions, Ethereum mapped out major protocol changes, TON activated collators, and U.S. regulators advanced work on stablecoins…

StealthEX

Publisher

Aug 24, 2026 at 11:37 AM UTC · 12 min de lectura

Crypto News: Bitcoin Rally, Ethereum Upgrade, TON and TikTok Payments
Image via StealthEX

Entities

bitcoin, ethereum

Market Impact

Total MCap+1.29%

Last Updated

hace 3 minutos

Traduciendo…

Bitcoin Rally, Ethereum Upgrade, TON and TikTok Payments

August 24, 2026

• Crypto World • Reading Time: 10 minutes 10 min

WRITTEN BY

Crypto investor and blockchain researcher

Bitcoin’s sharpest weekly rise in years led a busy run of crypto developments. Short liquidations reached billions, Ethereum mapped out major protocol changes, TON activated collators, and U.S. regulators advanced work on stablecoins and crypto derivatives. Elsewhere, TikTok code revealed a possible payment feature, while corporate and on-chain data raised fresh questions for investors. Let’s get into the latest updates.

Bitcoin Breaks $79,000 as Liquidity, ETF Demand and Short Covering Align

Bitcoin climbed above $79,000 on August 21, extending a rapid market-wide rally that lifted Ether, XRP and several other major tokens. BTC gained more than 25% from last Monday’s levels before easing below its intraday peak. XRP rose nearly 40% over the week, while HYPE, ZEC and LINK each advanced more than 30%.

Several forces drove the move. The U.S. Treasury doubled its planned buybacks of long-dated government bonds, which briefly lowered yields and supported risk assets. A weaker dollar also made scarce assets more attractive. At the same time, U.S. spot Bitcoin products recorded $520 million in net inflows on Wednesday, showing that fresh demand came from more than leveraged trading.

Market Context

Bitcoin

BTC

$78,138

+1.07% (24H)

Market Cap

$1.57T

24H Volume

$25.2B

24H High

$78,574

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoinethereum

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