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Over the past 24 hours, Bitcoin was down 2.5%, while Ethereum fell 1.9% to trade at $2,430. Among major altcoins, BNB, XRP, Solana, Hyperliquid, Dogecoin and Cardano declined by up to 4.2%, while Tron gained Also Read | Bitcoin falls 30% as Google, gold and defence stocks outperform since 2020: Report Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin had fallen from above $81,000 earlier this week to around $77,700. Ethereum was trading near $2,440, while total crypto market capitalisation had declined from above $2.7 trillion. “Leverage added to the selling. Around $488 million in crypto positions were liquidated, including more than $360 million in leveraged longs. Bitcoin’s move below $77,000 triggered further forced selling.” Sehgal further said that Warsh said inflation remains above the Federal Reserve’s 2% target and indicated that policy could remain restrictive if price pressures persist. Treasury yields moved higher after the remarks, putting pressure on risk assets, including cryptocurrencies. Over the past week, Bitcoin and Ethereum were down 1.1% and 3%, respectively. Among major altcoins, BNB, XRP, Tron, Dogecoin and Cardano fell by up to 20.9%, while Solana and Hyperliquid gained 4.8% and 0.9%, respectively. Nischal Shetty, Founder, WazirX, said Crypto markets navigated a volatile but increasingly constructive week, with Bitcoin retaining leadership even as leverage was flushed out and macro uncertainty capped momentum. “Total market capitalisation fell 1.27% to $2.65 trillion on August 26, while $641.79 million in liquidations, including $489 million in long positions, highlighted the cost of crowded bullish trades.” Also Read | Explained: Want to calculate the future value of your Rs 10,000 SIP? Here’s the formula Crypto ETFs recorded $482.13 million in inflows on August 25, led by roughly $310 million into Bitcoin and $172 million into Ethereum. This support, alongside gains in US technology stocks, helped sustain a cautiously positive market structure, Shetty further said. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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