According to CoinDesk, Bitcoin traded above $78,000 on Sept. 1, remaining roughly flat on the week after a 24% gain in August. Over the past 24 hours, Ether, Solana, Tron and Dogecoin all shed ground, while HYPE added about 4% and led the session's performance. The moves occurred amid hawkish Federal Reserve bets, which weighed on major crypto assets. Bitcoin's week-over-week steadiness follows a significant rally in August. HYPE's increase stood out during a period when most large tokens slipped. The report did not provide further details on trading volume or market capitalization. The immediate price action reflects a mixed session across digital currencies, with HYPE advancing and several major coins declining as the market absorbed Fed policy expectations.
Bitcoin held steady above $78,000 on Sept. 1, while HYPE climbed about 4% in the past 24 hours. Ether, Solana, Tron and Dogecoin all declined over the same period. Bitcoin was roughly flat on the week after August's 24% run. Hawkish Federal Reserve bets remained a weight on major crypto assets.
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