By Isaac • August 26, 2026 7:07 am •
Bitcoin is finally taking a breath, but it is not giving back much ground.
The world’s largest cryptocurrency held near $79,000 early Wednesday after climbing roughly 23% in seven days. That kind of move normally invites a hard reversal.
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So far, the market is showing something closer to orderly profit-taking—and the demand underneath the rally looks stronger than a simple short squeeze.
CoinDesk put Bitcoin down about 1% on the day while most major tokens traded lower. XRP slipped more than 4%, Ether eased just over 1%, and Solana fell more than 3%.
The weekly picture remains striking: Bitcoin is up about 23%, Ether nearly 29%, and XRP almost 45%.
Hyperliquid’s HYPE was the lone major
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