The crypto market sees a slight rebound but remains bearish, with meme coins leading the altcoin market drop, while the three major US stock indices close flat.
BlockBeats News, August 19th: The crypto market saw a slight rebound but remained in a downtrend. According to HTX market data, Ethereum rose above $4,300 last night, currently trading at $4,314. Bitcoin rebounded this morning to above $116,000, now priced at $116,246. The total cryptocurrency market capitalization fell to $4.005 trillion, with a 24-hour decrease of 1.7%. The three major U.S. stock indexes closed near flat, with the S&P 500 down 0.01%, the Nasdaq up 0.03%, and the Dow down 0.08%. Intel fell by 3.66%, but rose by 5.37% after-hours as SoftBank Group signed a $2 billion investment agreement with Intel.
The altcoin market generally fell, with fan tokens leading the decline. Among them:
ASR down 14.4% in the last 24 hours;
CYBER down 10% in the last 24 hours;
INJ down 8.26% in the last 24 hours;
PROVE down 7.7% in the last 24 hours;
MOVR down 7.74% in the last 24 hours.
In the U.S. stock crypto sector, there were mixed gains and losses, including:
Crypto exchange platform Bullish (BLSH) down 8.87% with a trading volume of $579 million;
Circle (CRCL) down 5.15% with a trading volume of $1.258 billion;
Coinbase (COIN) up 1% with a trading volume of $2.795 billion;
MicroStrategy (MSTR) down 0.74% with a trading volume of $3.27 billion;
SharpLink Gaming (SBET) up 1.36% with a trading volume of $888 million;
Bitmine Immersion (BMNR) down 5.09% with a trading volume of $2.646 billion;
BTCS up significantly by 10.43% with a trading volume of $25 million;
BNB Network Company (BNC) down significantly by 10.86% with a trading volume of $12.3 million.
Notably, BNB Network Company (BNC) announced an increase in its holdings by 125,000 BNB; BTCS announced a one-time blockchain dividend to shareholders in ETH form, with a maximum reward of $0.4 per share.
You may also like

Dovey Wan: The Great Liquidity Schism, Bitcoin May Never Keep Up with ARKK

Market Key Insights for February 26th, How Much Did You Miss?

L1 Value Capture Shrinks Significantly, ETH, SOL, HYPE Struggle to Return to All-Time High

Exploring the ‘Super Cycle’ in Artificial Intelligence: Insights from Brad Gerstner
Key Takeaways The concept of a ‘super cycle’ in AI technology is gaining traction, spearheaded by industry experts.…

Children and Trump’s Investment Program: Billionaires’ Contributions to “Trump Accounts”
Key Takeaways: President Donald Trump has introduced the “Trump Accounts” program, massively funded by billionaires to provide financial…

Could Stablecoins Resolve U.S. Debt? Standard Chartered Predicts $1 Trillion in Treasury Demand
Key Takeaways Projected Growth: The stablecoin market could see its capitalization soar to $2 trillion by 2028, significantly…

Missouri Advances Bitcoin Reserve Bill to House Committee in Policy Push
Key Takeaways Missouri pushes HB 2080, aiming to establish a state-run Bitcoin Strategic Reserve Fund. The bill mandates…

Ethereum Faces $1,500 Downside as Vitalik Buterin Sells 9,000 ETH
Key Takeaways Vitalik Buterin’s recent sale of nearly 9,000 ETH has triggered concerns over Ethereum’s price stability, given…

Hong Kong to Connect New Digital Bond Platform With Regional Crypto Tokenization Hubs
Key Takeaways Hong Kong is pioneering the integration of its debt market with blockchain technology through a new…

Elon’s Grok AI Predicts the Price of XRP, Cardano, and Ethereum by 2026
Key Takeaways Grok AI forecasts significant price growth for XRP, Cardano, and Ethereum by 2026. XRP could see…

Anchorage Digital Confirms Its Stake in Strategy’s STRC – A Sign of Long-term Confidence
Key Takeaways Anchorage Digital has officially disclosed holding Strategy’s STRC perpetual preferred stock, reinforcing its strategic alignment within…

Bitcoin Price Prediction: Major Miner Expands in Texas: Is a Massive BTC Production Surge Anticipating?
Key Takeaways: Canaan Inc. has expanded its role from hardware selling to direct Bitcoin production by acquiring a…

Crypto Price Prediction Today 25 February: XRP, Solana, Bitcoin
Key Takeaways Bitcoin’s recent surge to $66,000 reflects a potential bullish trend bolstered by institutional interest and regulatory…

Bitcoin Climbs on Market Optimism Ahead of Trump’s State of the Union
Key Takeaways Bitcoin’s price surged over $2,000 to surpass the $66,000 mark following optimistic signals prior to Trump’s…

An AI Crypto Agent Accidentally Bestows Six Figures, Then a Twist of Fate Strikes
Key Takeaways: An AI crypto agent mistakenly sent 52.4M LOBSTAR tokens to an unintended recipient due to a…

XRP Price Prediction: Will Massive Whale Movements Lead to a Crash Below $1?
Key Takeaways Significant whale activity on Binance has seen the movement of over 31 million XRP, causing potential…

Arizona Just Named XRP in a State Crypto Reserve Bill — Is Government Adoption Beginning?
Key Takeaways Arizona’s Senate Bill 1649 proposes the inclusion of XRP and DigiByte, alongside Bitcoin, in a Digital…

Ethereum Secures FOCIL and Redirects $6.8M in ETH to Staking
Key Takeaways Ethereum’s Hegota upgrade in the second half of 2026 will integrate the FOCIL proposal, reinforcing censorship…
Dovey Wan: The Great Liquidity Schism, Bitcoin May Never Keep Up with ARKK
Market Key Insights for February 26th, How Much Did You Miss?
L1 Value Capture Shrinks Significantly, ETH, SOL, HYPE Struggle to Return to All-Time High
Exploring the ‘Super Cycle’ in Artificial Intelligence: Insights from Brad Gerstner
Key Takeaways The concept of a ‘super cycle’ in AI technology is gaining traction, spearheaded by industry experts.…
Children and Trump’s Investment Program: Billionaires’ Contributions to “Trump Accounts”
Key Takeaways: President Donald Trump has introduced the “Trump Accounts” program, massively funded by billionaires to provide financial…
Could Stablecoins Resolve U.S. Debt? Standard Chartered Predicts $1 Trillion in Treasury Demand
Key Takeaways Projected Growth: The stablecoin market could see its capitalization soar to $2 trillion by 2028, significantly…