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Bitcoin Holds Above $78,000 as HYPE Gains While Major Tokens Retreat

Bitcoin held above $78,000 and stayed flat on the week after August’s 24% gain. Ether, Solana, Tron and Dogecoin fell over 24 hours, while Hyperliquid’s HYPE token rose about 4% amid hawkish Fed expectations.

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Bitcoin Holds Above $78,000 as HYPE Gains While Major Tokens Retreat
Bitcoin remained above $78,000 and was broadly unchanged over the week, according to CoinDesk, following a 24% advance in August. Trading was weaker across several large-cap cryptocurrencies over the latest 24-hour period, with Ether, Solana, Tron and Dogecoin all recording declines. Hyperliquid’s HYPE token moved in the opposite direction, adding about 4% and emerging as the strongest performer among the assets highlighted. The mixed session came as markets weighed expectations for a hawkish Federal Reserve. Bitcoin’s weekly stability contrasts with its strong monthly performance, while the pullback in several major altcoins points to uneven momentum across the crypto market. The report also tracks developments involving Ethereum, Solana, Tron, Dogecoin and Hyperliquid, alongside Bitcoin.
Source CoinDesk This is an original Moneyiar brief based on the cited source.
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