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Key Takeaways
- Bitcoin recorded a relatively mild daily decline.
- Every tracked asset retained a weekly gain.
- Recent market leaders suffered steeper daily pullbacks.
- HYPE was the session’s clear exception.
The daily decline reached almost every major asset
The August 26 data from CoinMarketCap placed Bitcoin at $79,100 at the time of writing, down 2% over 24 hours and up 23% for the week. The daily move was mild compared with the wider group.
Fifteen of the 16 non-stable assets from top 18 cryptos by market cap declined during the same period. Their median move was approximately -3.8%. Ether traded at $2,465 after a 1.7% daily decline and remained 29% higher for the week.
Those figures describe broad short-term selling with limited damage to the week’s performance. Every asset in the group still carried a positive seven-day return.
The size of each giveback tells a different story
Daily percentages can exaggerate the damage after a ra...
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