The crypto market snapped back sharply last week after nearly a year of muted trading, with Bitcoin climbing from around $62,800 at the start of the week to an intraday high of $79,500 on Aug. 21. The move marked a weekly gain of more than 26% at its peak and the biggest weekly advance since March 2023. In the source article by Joe Zhou for Foresight News, the rally is framed around three recurring patterns: crypto’s short-term turns are increasingly tied to U.S. policy shifts, spot ETFs have become a leading market signal, and Bitcoin breakouts tend to spill over into Ether, altcoins, and meme tokens in sequence. The article links the latest move to two main catalysts. One was U.S. Treasury Secretary Bessent’s Aug. 19 decision to raise the buyback size for 10- to 30-year Treasuries from $2 billion to at least $4 billion, which the market interpreted as supportive for liquidity expectations. The other was Donald Trump’s public push for the CLARITY Act after meeting crypto executives from Coinbase, Kraken, and Ripple at the White House. The piece also notes that the SEC proposed new rules for public crypto token sales on Aug. 18. On flows, U.S. spot Bitcoin and Ether ETFs recorded a combined $2.6 billion in net inflows for the week through Aug. 21. Among rebound leaders, the article highlights Ether, ENA, PUMP, STX, TRUMP, ZEC, BOME, and the BNB Chain meme token Niu Lai.

Crypto prices snapped back sharply last week, with Bitcoin climbing from around $62,800 at the start of the week to an intraday high of $79,500 on Aug. 21, marking its biggest weekly gain since March 2023. The original article argues that the move was shaped less by crypto-native leverage cycles and more by U.S. macro and regulatory signals. It points to two main catalysts: Treasury Secretary Bessent’s Aug. 19 decision to raise the buyback size for 10- to 30-year Treasuries from $2 billion to at least $4 billion, and Donald Trump’s push for the CLARITY Act after meeting executives from Coinbase, Kraken and Ripple at the White House. The report also highlights the role of spot ETFs. For the week ended Aug. 21, U.S. spot Bitcoin and Ether ETFs posted a combined $2.6 billion in net inflows, the strongest weekly total since October 2025. Bitcoin ETFs brought in about $1.9 billion, while Ether ETFs added $697.2 million. Against that backdrop, capital rotated from BTC into higher-beta assets. Ether rose 29.8% for the week, while ENA, PUMP, STX, TRUMP and ZEC led gains among top-50 altcoins by market value. The piece frames the rally as a familiar sequence: Bitcoin breaks out first, blue chips follow, and altcoins plus meme tokens deliver the biggest percentage moves.

Altcoins held onto their upward momentum over the weekend, according to market data cited by BlockBeats from HTX on Aug. 23. ZRO posted the biggest 24-hour gain among the tokens listed, rising 20.40% to $1.198. DGB followed with an 18.47% increase to $0.00494, while STX climbed 16.24% to $0.2341 and PUMP added 15.67% to reach $0.005314. FF rose 14.18% to $0.08578. Several other tokens also posted solid gains. ENA was up 11.68% at $0.1760, ETHFI rose 9.27% to $0.6374, and MORPHO gained 8.47% to trade at $2.433. PENDLE increased 7.25% to $1.775, YB advanced 7.09% to $0.0967, SAGA climbed 6.71% to $0.01527, XPL rose 6.65% to $0.10437, and BOME added 6.33% to $0.0012187. AAVE also remained in positive territory, up 5.53% over the past 24 hours at $132.6, putting it above the $130 mark.

PUMP has rebounded steadily since touching a low of $0.001 in late June, with the token up about 19% over the past 24 hours, 36% over seven days, 98% over 30 days, and roughly 116% over 90 days, according to BlockBeats. The price has also moved close to $0.004. While the broader crypto market has recovered over the past two days, with Bitcoin briefly rising above $79,000 and meme tokens such as PEOPLE, NEIRO, and BOME appearing among Binance’s top gainers, BlockBeats said PUMP’s rally started about two months earlier than the current market rebound. The report tied the move mainly to Pump.fun’s fundamentals, describing a positive loop built around revenue, buybacks, and traffic. On-chain data cited by BlockBeats showed the platform generated about $38.15 million in fees and about $29.19 million in revenue over the past 30 days, trailing only Tether, Circle, and Canton while exceeding protocols including Hyperliquid, Polymarket, GMGN, and Tron. Pump.fun uses 50% of revenue to buy back and burn PUMP. BlockBeats added that a recent weekly fee total above $10 million could translate into roughly $5 million in potential buy pressure under that mechanism.

Crypto markets and adjacent tech news were both active on Aug. 21. Among the most-traded tokens on centralized exchanges, BTC, ETH, SOL and BNB all posted gains over the past 24 hours, while HYPE briefly rose above $73.4, according to OKX data, with a 24-hour increase of 26%. Separate ranking data from OKX and msx.com showed strong moves in spot tokens and crypto-linked equities, including a 60.15% jump in BTCT.M. On the corporate side, Bloomberg reported that Anthropic is preparing for an initial public offering that could match or exceed the record level set by SpaceX, with a public filing possible as soon as the end of August. The report said Anthropic raised capital in May at a $96.5 billion valuation, brought in $6.5 billion in financing, and had reached a $6.5 billion revenue run rate by the end of July. Bloomberg also said the company is working with Morgan Stanley, Goldman Sachs and JPMorgan and is weighing a super-voting share structure for CEO Dario Amodei. Other developments included ICE signaling openness to joining a new Polymarket funding round, the U.S. SEC proposing two fundraising exemption tracks for crypto projects, Riot Platforms signing AI data center leasing agreements worth about $9.8 billion in long-term revenue, and CZ saying a compliant U.S. entry by Hyperliquid would be positive for the broader industry.

Crypto markets on Aug. 10 were driven by a mix of trading data, policy signals, corporate developments and geopolitical headlines. On centralized exchanges, BMT and TUT posted the largest gains among the top 10 tokens by trading volume, while OKX’s 24-hour leaderboard was led by BOME and PEOPLE. On-chain, GMGN’s most watched meme tokens were TODA, REMUS, LOUIE, RISK and PUMPGUY. Away from the tape, Unitree Robotics officially opened subscriptions for its STAR Market IPO, with the market estimating an allotment rate of just 0.02% to 0.03%. In U.S. crypto legislation, Polymarket data showed the probability of the CLARITY Act becoming law by Dec. 31 had dropped to 21%, while Senate procedure points to a first cloture vote on Sept. 15. Industry updates included Bithumb restricting deposits and withdrawals tied to three entities sanctioned by the U.S. Treasury’s Office of Foreign Assets Control, fresh data showing more than 100 crypto projects have shut down or filed for bankruptcy in 2026 so far, and DeFiLlama figures showing Pump.fun’s 30-day protocol revenue moved ahead of Hyperliquid. Separate updates covered Strategy’s lack of Bitcoin purchases since June, a $10.5 million seed round for Dow Protocol, and proposed South Korean tax and VASP rule changes.

BlockBeats reported on July 29 that trader 0xLeaf, known on X as @3ethtomoon, said he is going through the "darkest moment" of his life after losing about 60 million yuan over the past month. In his post, he said all of the money he had in crypto had been wiped out. Public information cited in the report shows that 0xLeaf entered the crypto market around 2021 and had previously posted multiple 100x-style gains trading meme coins including BOME, MOONDENG, ACT, PNUT and TRUMP. After the TRUMP token frenzy, his account on a centralized exchange, or CEX, at one point reached $6 million. The report added that this year’s extreme AI-driven market swings have hit the once high-performing trader hard. The update focuses on the scale of his drawdown and the contrast with his earlier meme-coin success.

A wide set of crypto, equity and AI developments shaped the July 27 news cycle. BitMart said it will wind down its exchange in phases, with new registrations, deposits and fresh orders already set to stop and all trading services ending on Aug. 26, 2026, while withdrawals remain open. Around the same time, Odos and Dango each published shutdown timetables, including read-only periods, trading cutoffs and fund withdrawal arrangements. Elsewhere, ChangXin Technology is set to list today at RMB 8.66 per share, with single-lot profit estimates ranging from roughly RMB 12,000 to RMB 20,200 based on different IPO gain benchmarks cited by Chinese media. Robinhood is also in talks with Crypto.com over a prediction-market partnership, according to The Wall Street Journal, and Binance Research said Gen Z is now the largest user group for its equity-linked products, contributing $80 billion in cumulative trading volume. The broader digest also covered Nvidia’s open-weight AI letter, OpenAI and Anthropic’s reported lobbying on open-source models, expected record earnings at SK hynix, Storj Labs’ Chapter 11 filing, a suspected security incident on WEMIX 3.0, and Fidelity’s call for the U.S. Senate to pass the CLARITY Act.