Bitcoin Defends $78,838 as Hyperliquid Surges 4%, Treasuries Buy BTC
Redakcja CryptoPulsar ·
Bitcoin gained 0.41% to $78,838, with total crypto market cap at $2.74 trillion. Hyperliquid was the only clear leader in the top 10, rallying 4.02%, while TRON fell 1.82% and XRP slipped 0.74%. Corporate treasuries returned to buying — Strive added $143 million worth of bitcoin.
The crypto market closed August 31, 2026 with a session of selective rotation rather than a broad trend. Bitcoin gained 0.41% and finished the day at $78,838, with a market cap of $1.58 trillion. Total market capitalization stood at $2.74 trillion. Among the ten largest projects, the only clear winner was Hyperliquid (HYPE), which rose 4.02% to $84.76 — just 2.25% below its all-time high of $86.71. The rest of the top-10 altcoins posted declines ranging from 0.07% (Ethereum) to 1.82% (TRON). Meanwhile, Decrypt reported that Nasdaq-listed asset manager Strive added bitcoin worth $143 million at an average of $79,431, lifting its treasury to 23,156 BTC. The data points to a wait-and-see day: BTC holds its level, altcoins fade, and capital concentrates in a single DeFi token.
Top Gainers and Losers — HYPE the Sole Top-10 Leader
Across the ten largest projects, the session was exceptionally flat. Aside from Bitcoin and stablecoins, Hyperliquid was the only name to post a positive 24-hour move. Bitcoin rose 0.41%, USDC 0.00%, and the remaining top-10 positions closed in the red. The weakest in the group was TRON (−1.82%), followed by XRP (−0.74%), BNB (−0.56%) and Solana (−0.54%).
| Crypto | Price | 24h | Cap. |
|---|---|---|---|
| Bitcoin (BTC) | $78,838 | +0.41% | $1.58T |
| Ethereum (ETH) | $2,473 | -0.07% | $298.44B |
| Tether (USDT) | $1.00 | -0.01% | $183.34B |
| BNB | $691.38 | -0.56% | $92.06B |
| XRP | $1.38 | -0.74% | $86.73B |
| USDC | $1.00 | +0.00% | $73.45B |
| Solana (SOL) | $103.35 | -0.54% | $60.48B |
| TRON (TRX) | $0.3328 | -1.82% | $31.59B |
| Hyperliquid (HYPE) | $84.76 | +4.02% | $18.85B |
The seven-day picture diverges from the 24-hour snapshot. Solana, despite a 0.54% drop over 24 hours, gained 7.40% over seven days. Hyperliquid added 8.50% over the same window and is the strongest large-cap token of the week. On the other side, XRP lost 6.20% over 7 days, TRON 3.10%, and BNB 1.50%. Bitcoin is nearly flat on this horizon (+0.10%), Ethereum +0.20%.
| Crypto | 7d | 24h Volume | ATH |
|---|---|---|---|
| Hyperliquid | +8.50% | $1.10B | $86.71 |
| Solana | +7.40% | $3.63B | $293.31 |
| Ethereum | +0.20% | $14.46B | $4,946 |
| Bitcoin | +0.10% | $31.99B | $126,080 |
| BNB | -1.50% | $760.04M | $1,369.99 |
| TRON | -3.10% | $500.82M | $0.4313 |
| XRP | -6.20% | $2.27B | $3.65 |
Beyond the top 10, category data shows a much wider range. In Layer 2, Arbitrum gained 18.61%, while POL (formerly MATIC) fell 8.96%. In Gaming & NFT, JasmyCoin rose 8.61%, while Pudgy Penguins dropped 2.58%. In DeFi, alongside HYPE, Uniswap (−1.08%) and Aave (−1.05%) stood out. Memecoins were weak: Dogecoin −1.46%, Shiba Inu −0.56%, with MemeCore at +1.33%.
🔑 Key Takeaways
- Total crypto market cap stood at $2.74 trillion; Bitcoin is worth $1.58 trillion at $78,838 (+0.41% / 24h).
- Hyperliquid (+4.02% / 24h, +8.50% / 7d) is the only clear top-10 leader and the large token closest to its ATH ($86.71).
- XRP (−6.20% / 7d) and TRON (−1.82% / 24h) rank among the weakest large altcoins of the session.
- Strive added bitcoin worth $143 million (average $79,431), lifting its treasury to 23,156 BTC.
- On-chain: the Bitcoin network processed about 1.30 million transactions in 24 hours; roughly 14,360 ETH flowed out of exchanges net over 4 hours.
Bitcoin: $78,838, 1.30M Transactions and Calm Momentum
Bitcoin trades at $78,838. Market cap is $1.58 trillion, with the #1 rank confirmed by CryptoPulsar market data. The 24h change is +0.41%, the 7d change +0.10%. Daily volume reached $31.99 billion. The all-time high stands at $126,080 — the current price is 37.47% below ATH.
There are 20,077,862 BTC in circulation against a maximum supply of 21,000,000. 922,138 coins remain until the cap. These are on-chain supply metrics, not an interpretation of demand.
CryptoPulsar’s market cycle scores Bitcoin at 32.4/50. Bitquery data shows stable network activity: roughly 1.30 million transactions were executed over 24 hours. In the short term, momentum is bullish — MACD and the EMA 9/21 crossover remain positive. RSI(14) sits around 55, in a neutral zone slightly favoring demand.
Perpetual funding is near zero (0.005%). The Fear & Greed Index reads 62 and signals mild greed, so the market does not look severely overheated. If transactional activity holds, demand for block space may support stability. A weakening of MACD/EMA would signal fading short-term momentum. This is a reading of indicators, not a recommendation.
💡 Good to Know
Strive — a Nasdaq-listed asset manager — paid an average of $79,431 per BTC, $593 above the current price of $78,838. The firm’s treasury rose to 23,156 BTC after a $143 million purchase. BeInCrypto PL separately noted that Wall Street crypto treasuries are buying Bitcoin and Ethereum again. Historically, such inflows do not guarantee price continuation, but they represent measurable demand outside the spot market.
Top-10 Altcoins: Selective Weakness Amid a Strong HYPE
Ethereum trades at $2,473 (−0.07% / 24h, +0.20% / 7d). A $298.44 billion market cap holds the #2 rank. 24-hour volume is $14.46 billion, ATH $4,946 — ETH is exactly 50.00% below its peak. Circulating supply: 120,681,146 ETH.
ETH’s cycle score is 29.1/50 — the lowest among the five large assets evaluated. Fresh on-chain data shows that over the past 4 hours, roughly 14,360 ETH was withdrawn net from exchanges (167 inbound transfers, 124 outbound), which typically reduces supply available for sale. In the background, whale activity is elevated: at least 100 transfers above 250 ETH, with record moves of around 8,890 ETH. These transfers alone do not determine direction (buy vs. sell).
MEV risk on DEXs is low (24/100). RSI around 64 and a bullish MACD paint a mildly positive technical picture, but the 29.1/50 score does not confirm a strong trend. If exchange outflows persist, sell-side pressure may ease. The data does not yet show a clear demand inflow for a more decisive move.