Ethereum’s flash push above $2,500 ran out of steam, dragging the asset back below the crucial $2,465 handle, though it still retains a 30% weekly gain, according to CoinMarketCap data.
XRP almost cleared $1.70 after rising 60% in a week. The daily chart shows the token reaching $1.69 before slipping back toward $1.55, where a May swing high now comes into play.
Solana surged past $94 and briefly traded above $100 on Friday, but derivatives activity, not an equally strong wave of spot buying, is now shaping this breakout.
Bitcoin punched toward $78,500 and Ether cleared $2,500 as the market's recovery dug deeper into high-beta altcoins, extending a risk-on rotation catalyzed by the U.S. Treasury’s latest liquidity maneuvers.
Solana has pushed above all three major daily simple moving averages, pressing into the $90 zone where its next major chart battle awaits.
XRP gained roughly 16% over 24 hours and 24% on the week, ripping the token out of the $1 basement and slamming it directly into its first major technical wall. Trading around $1.25 after peaking at $1.26 during the session, the asset has punched back above a crucial floor, but the hard work starts right here.
Crypto derivatives positions worth $2.99 billion were forcibly closed over 24 hours, affecting 170,001 traders.
Ethereum surged 19.4% on the day to trade near $2,290, breaking out of its sub-$1,900 consolidation and moving above its 50-, 100- and 200-day simple moving averages.
Ethereum gained about 8% on August 19, reclaiming $2,000 and trading near $2,064 at 15:30 UTC.
The US Treasury will at least double the maximum size of buyback operations for older long-dated bonds, expanding a programme designed to make that part of the government-debt market easier to trade.
Arthur Hayes is returning to a day-to-day crypto role with an unusual launch sequence: the first public milestone for Flop Labs is expected to be a FLOP token airdrop, not a live blockchain.
HYPE has rebounded into a tight daily-chart zone where the two moving averages and the rising channel’s upper boundary sit just above the price today.



