Crypto news report · source clearly identified

Crypto Market Snapshot Shows Broad Declines Across Major Coins

Most leading cryptocurrencies posted losses, with Bitcoin down 2.67% and Ethereum down 2.35% in the latest trading session.

In the most recent price update, the cryptocurrency market experienced a broad pullback, affecting both major assets and a wide range of altcoins.

Top Cryptocurrencies

  • Bitcoin (BTC) fell to $78,122.00, a decline of 2.67%.
  • Ethereum (ETH) slipped to $2,459.30, down 2.35%.
  • Binance Coin (BNB) dropped to $694.61, a 2.25% decrease.
  • Ripple (XRP) fell to $1.40, down 3.97%.
  • Solana (SOL) declined to $104.73, a 2.00% loss.

Stablecoins Remain Near Parity

  • USDC, USDS, USD1, USDE, and several other stablecoins traded within a narrow band around $1.00, showing negligible movement.

Altcoin Performance Highlights

  • Cardano (ADA) fell 4.95% to $0.2034.
  • Dogecoin (DOGE) dropped 3.55% to $0.08556.
  • Polygon (MATIC) is not listed, but related tokens such as MATIC‑derived assets showed declines.
  • Chainlink (LINK) slid 2.97% to $11.52.
  • Polkadot (DOT) fell 3.39% to $0.8532.
  • Uniswap (UNI) decreased 1.19% to $4.45.
  • Aave (AAVE) dropped 4.59% to $122.17.
  • Cosmos (ATOM) fell 2.66% to $1.47.
  • Ethereum Classic (ETC) slid 4.07% to $7.52.

Notable Losses in Smaller Tokens

  • Cashcat (CASHCAT) plunged 20.75% to $0.1949.
  • RUNE fell 14.84% to $0.4730.
  • CVX dropped 7.49% to $2.28.
  • OP slid 7.00% to $0.0906.
  • CRV fell 6.24% to $0.3102.

Overall Market Trend

The data reflects a consistent downward pressure across both high‑cap and lower‑cap assets, with stablecoins maintaining relative stability. Investors appear to be reacting to broader market sentiment, resulting in a multi‑asset correction.

Source & attribution

News Source

Publisher
Decrypt
Original date
August 28, 2026, 4:04 PM
Original headline
Bitcoin Miner IREN Shares Fall as AI Conversion Costs Mount
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