This website uses cookies
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.
Consent Selection
Details
  • Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.

    • We do not use cookies of this type.

  • Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.

    • We do not use cookies of this type.

  • Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.

    • We do not use cookies of this type.

  • Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
    • __emg_sidPending
      Maximum Storage Duration: 1 dayType: HTTP Cookie
      __emg_vidPending
      Maximum Storage Duration: 1 yearType: HTTP Cookie
      nl-read-countPending
      Maximum Storage Duration: PersistentType: HTML Local Storage
Cookie declaration last updated on 8/12/26 by Cookiebot
[#IABV2_TITLE#]
[#IABV2_BODY_INTRO#]
[#IABV2_BODY_LEGITIMATE_INTEREST_INTRO#]
[#IABV2_BODY_PREFERENCE_INTRO#]
[#IABV2_BODY_PURPOSES_INTRO#]
[#IABV2_BODY_PURPOSES#]
[#IABV2_BODY_FEATURES_INTRO#]
[#IABV2_BODY_FEATURES#]
[#IABV2_BODY_PARTNERS_INTRO#]
[#IABV2_BODY_PARTNERS#]
About
Cookies are small text files that can be used by websites to make a user's experience more efficient.

The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission.

This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.

You can at any time change or withdraw your consent from the Cookie Declaration on our website.

Learn more about who we are, how you can contact us and how we process personal data in our Privacy Policy.

Please state your consent ID and date when you contact us regarding your consent.
NewsLayer.com
NewsLayer PulseLIVEBTC$78,848-1.35%ETH$2,462-0.91%SOL$96.98-3.35%XRP$1.43-3.95%DOGE$0.0865-4.93%ADA$0.2101-4.96%Total Cap$2.78T-0.85%Layer Index56 Neutral
BreakingCryptos Plunge as Bitcoin Pulls Back From Highs, Drops Below $80,000

Markets

News by CNBC TV18 on TradingView, 2026-08-26 — cnbctv:423942f96094b:0

The crypto market has staged a broad August rally, with Cardano emerging as the strongest performer among the major tokens tracked, while Bitcoin has reclaimed the $80,000 level.

TradingView

Publisher

Aug 26, 2026 at 4:46 AM UTC · Updated 2시간 전 · 2 분 소요

News by CNBC TV18 on TradingView, 2026-08-26 — cnbctv:423942f96094b:0
Image via TradingView

Market Impact

Total MCap-0.85%

Last Updated

2시간 전

번역 중…

The crypto market has staged a broad August rally, with Cardano emerging as the strongest performer among the major tokens tracked, while Bitcoin has reclaimed the $80,000 level.

The gains have accelerated over the past week, with several major altcoins outperforming Bitcoin, the world's largest cryptocurrency by market value.

Crypto performance this week:

CryptocurrencyWeekly gain
XRP30%
Cardano16%
Solana15%
Bitcoin14%
Ether10%

Crypto performance in August:

CryptocurrencyMonthly gain
Cardano36%
XRP35%
Ether32%
Solana30%
Bitcoin25%

Why are cryptocurrencies rallying?

The August rally has been supported by several factors, including developments in US Treasury markets, strong institutional demand and hopes of clearer crypto regulation.

Moves in the US Treasury market have helped lower bond yields, which has revived demand for riskier assets. A softer dollar has also provided support to cryptocurrencies.

The latest Bitcoin rebound has shown signs of being more than a short-lived relief rally. CNBC Pro reported on August 25 that Bitcoin had gained about 22% over the previous week, with the move taking it above its 200-day moving average, a widely watched indicator of its longer-term price trend.

CNBC Pro also pointed to the technical strength of the rebound, noting that the combination of a sharp weekly gain and a move above the 200-day moving average has historically been associated with further gains.

Market Context

Bitcoin

BTC

$78,839

-1.36% (24H)

Market Cap

$1.58T

24H Volume

$25.8B

24H High

$80,229

View Bitcoin Market Page

Article Intelligence

Topics

markets

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium