Crypto Daily Market Report

Sticky Inflation and a Stronger Dollar Offset by Easing Energy Pressure, BTC Holds Near 80K

🔍 Core Insights

U.S. July PCE inflation rose to 3.7% year over year, with sticky inflation pushing up expectations for a September rate hike and driving both the U.S. dollar and Treasury yields higher. U.S. equities remained in a high-level consolidation, with the Dow down 0.21%, the S&P 500 down 0.02%, and the Nasdaq down 0.08%. Nvidia reported Q2 revenue of $96.2 billion, up 106% year over year, while its Q3 guidance again exceeded expectations. Shares rose nearly 5% at one point, with strong AI fundamentals continuing to support risk appetite in technology stocks. Meanwhile, talks over the Strait of Hormuz continued to progress, while Brent crude fell back toward $87 per barrel, easing some energy-related pressure. In crypto, BTC pulled back to around $79K after previously breaking above $80K, but remained relatively resilient despite the stronger dollar. In the short term, $78K is the key support level, while $80K–$81K remains the main resistance zone. A renewed move above $80K accompanied by stronger volume could extend the rally; otherwise, profit-taking at elevated levels remains a risk.
BTC: $79,012.1 (+0.62%); ETH: $2,506.70 (+2.62%); NASDAQ: 26,130.2 (-0.08%); S&P 500: 7,675.70 (-0.02%); Fear & Greed Index: 71 (previous: 65) (Data as of: 2026-08-27 00:00 UTC)

The U.S. SEC has restarted rulemaking on crypto asset custody, with the proposed amendments submitted to the White House for review. SEC crypto regulation is shifting from “asset classification” toward more specific rules covering fundraising, custody, and other business activities. The Regulation Crypto Assets proposal introduced on August 18 provides clearer exemption and safe-harbor pathways for project fundraising and token issuance, while the SEC this week also submitted proposed crypto custody rules for investment advisers and funds for White House review. This suggests regulators are beginning to address practical questions such as “how projects can raise capital” and “how institutions can hold crypto assets.” If these rules continue to advance, they could reduce uncertainty around fundraising and token issuance in the U.S., while also lowering compliance barriers for traditional institutions allocating to crypto assets and supporting demand for institutional custody, wallet security, and on-chain compliance infrastructure. However, the rules remain at the proposal and review stage. In the near term, the main impact is improved regulatory expectations, while meaningful capital inflows will still depend on whether fundraising, custody, and secondary-market rules are ultimately implemented.

Macro Economy

U.S.-Iran tensions: Iran said it had reached an agreement with Oman on revenue sharing related to the Strait of Hormuz, while U.S. involvement had delayed progress. Trump stressed that the Strait of Hormuz was operating normally and that large volumes of oil were flowing out.
U.S. July PCE inflation rose 3.7% year over year, above the 3.6% market expectation, while second-quarter economic growth was revised to around 1.5%. Core PCE inflation was 3.3% year over year, in line with expectations and unchanged from the previous reading. Following the data, market pricing for a September rate hike rose to around 38%, while the U.S. dollar climbed to its highest level in nearly eight days.
The Bank of Korea raised its benchmark rate by 25 basis points from 2.75% to 3.0%, marking its second consecutive rate hike and coming in line with market expectations.

Industry Events

Revolut launched EURR, a euro-denominated stablecoin, initially covering Denmark, Poland, and Portugal.
Banking associations from 39 U.S. states formed the BankChain Alliance, with plans to launch a nationwide blockchain network next year.
JPMorgan is evaluating the launch of its own stablecoin, while more than a dozen financial institutions including Bank of America, Wells Fargo, and Santander are advancing a global stablecoin initiative.
Solana is advancing governance proposals aimed at reducing inflation and increasing token burns, which could cut staking yields by roughly half over the next two years.
Ethereum is considering a redesign of its existing validator deposit contract to prepare the staking system for a future transition to post-quantum cryptography.
On-chain structured-product infrastructure provider City Protocol has raised a total of $11 million, with participation from Dragonfly and other investors.
Layer 1 blockchain protocol Linera opened pre-registration for its LNRA token sale and released its tokenomics model.

Alpha Project Performance

AAVE: Aave App opened early access and introduced the Ghost Pass invitation mechanism, although short-term token price movement remains limited.
Robinhood ecosystem tokens remain active, with PONS, CASHCAT, and other tokens continuing to reach new all-time highs.
HYPE: Hyperliquid has officially launched AQAv2, with around 90% of net income generated from USDC reserves expected to flow into the Assistance Fund for buybacks, creating a second structural buyback source beyond trading fees. HYPE reached a new all-time high.
PUMP: Pump.fun recently expanded its trading entry point to HyperEVM, while the platform’s daily revenue reached its highest level in nearly a year. The token gained around 8% on the day.
ONG: Ontology recently completed a mainnet upgrade, with continued upgrade expectations and concentrated short-term inflows from Korean traders driving trading volume up more than 1.5x and the token up over 60% on the day.

Weekly Outlook

August 27: Jackson Hole Economic Policy Symposium (August 27–29); ECB releases minutes from its latest monetary policy meeting; Bank of Korea announces its interest-rate decision; U.S. releases initial jobless claims for the week ended August 22.
August 28: Fed Chair Warsh speaks at the central banking symposium; U.S. releases the preliminary 2026 nonfarm payroll benchmark revision.
August 29: HYPE unlocks 4.46% of circulating supply, worth approximately $723 million; FF unlocks 2.57% of circulating supply, worth approximately $6.2 million.
August 30: CARDS unlocks 5.45% of circulating supply, worth approximately $5.6 million; KMNO unlocks 2.89% of circulating supply, worth approximately $5.6 million.

Crypto Daily Market Report – August 27, 2026