![[LIVE] Latest Cryptocurrency Updates, August 26 – Trump Aims to Oust Fed Governor Lisa Cook, BTC Value Drops Under $110K as BTC Dominance Decreases: Top Altcoins to Consider in This Dip?](https://cimg.co/wp-content/uploads/2024/02/26205235/btc.svg "[LIVE] Latest Cryptocurrency Updates, August 26 – Trump Aims to Oust Fed Governor Lisa Cook, BTC Value Drops Under $110K as BTC Dominance Decreases: Top Altcoins to Consider in This Dip?")
[LIVE] Latest Cryptocurrency Updates, August 26 – Trump Aims to Oust Fed Governor Lisa Cook, BTC Value Drops Under $110K as BTC Dominance Decreases: Top Altcoins to Consider in This Dip?
Earlier today, Bitcoin dipped to $108,600 before bouncing back to around $109,800, driven by substantial on-chain movements and political update that weakened the U.S. dollar and boosted gold prices. The trading community is divided: some alert that the cycle peak may be approaching, while others consider classic big investor manipulation to be in effect. Major holders frequently sell at a loss to acquire more, subsequently pushing prices upward. They often leverage update events to create market fluidity and inspire the next surge. For those looking for the top altcoins to invest in during this downturn, grasping big investor activities is vital for identifying chances.
On-chain analysts attributed concentrated “whale” transactions as an immediate catalyst. Reports indicate that a previously inactive holder, who had not moved their Bitcoin for seven years, switched nearly $2 billion into Ether over the last week; a single swift transaction seemingly caused a 2.2% decrease in BTC within about ten minutes. Additional large transactions, such as a sale of approximately 670 Bitcoin (valued around $76M) to establish a long position in ETH, contributed to the pressure and temporary liquidity discrepancies.
Over the weekend, BTC had already dipped to around $112,174, with related movements extending downwards during today’s trading. Fear & Greed indicators have reacted: the Crypto Fear & Greed Index lingered around 43 (“neutral to fear”), revealing heightened caution. Furthermore, Bitcoin’s dominance is currently decreasing, resting at 58.55%.
The total market capitalization has fallen 2.5% today, dropping below $3.9 trillion.
Memes experienced the sharpest decline, dropping 7.98%. pic.twitter.com/69ugfsA0nA
— CoinGecko (@coingecko) August 26, 2025
EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Purchase in 2025
Trump “Dismisses” Federal Reserve Governor Lisa Cook – Political Strains and Dollar Decline Intensify Market Unrest
As market anxiety grows, political news from Washington has amplified risk-averse sentiment: President Trump has reportedly sought to oust Federal Reserve Governor Lisa Cook. Governor Cook has resisted resignation and is pursuing legal recourse, a scenario that weakened the dollar and led investors towards gold and risk assets temporarily.
The reaction of the U.S. dollar after Trump’s declaration of Lisa Cook’s ouster: pic.twitter.com/u3MOXPyLRC
— Andrew—#IAmTheResistance—Wortman (@AmoneyResists) August 26, 2025
Concurrently, industry updates present a mixed narrative. Regulators are tightening oversight on tokenized stock offerings due to trader protection issues, while prominent crypto asset investment firms (including Galaxy Digital, Multicoin Capital, and Jump Crypto) are reportedly assembling a $1 billion fund to acquire Solana. This underscores the ongoing influx of strategic capital into specific altcoins despite regulatory pressures.
With BTC facing downward pressure, the inquiry arises: what are the prime altcoins to consider buying during a downturn? Traders frequently suggest Ethereum, driven by persistent Decentralized finance and NFT demand; SOL, supported by recent significant purchases; ADA and BNB, both strengthened by robust ecosystems (with BNB recently achieving a new all-time high); and LINK, favored for its oracle technology. Nonetheless, investors should remain cautious as market fluctuation persists and macroeconomic changes could swiftly alter trading market mood.
The World’s Largest Custodian: Is BlackRock BTC Holdings Planning a Coup?
Commander Bobo, the moment has arrived to execute order $66k. “It will be executed, Lord Bogdanoff…” On a serious note, is BlackRock BTC Holdings orchestrating a covert coup?
The advent of Bitcoin exchange-traded funds (ETFs) has revolutionized the crypto market, providing institutional investors an entry point into the previously retail-driven arena. BlackRock’s iShares Bitcoin Trust (IBIT) is pivotal to this transformation, currently managing over 781,000 BTC—approximately $88 billion in assets.
This represents nearly 6.5% of Ethereum logoETH ▼-4.19% circulating supply tied to a single entity, surpassing the reserves of numerous major exchanges. Net inflows into IBIT have consistently outstripped competing products, solidifying BlackRock’s status as the most significant player in the BTC ETF landscape. Are we merely participants in BlackRock’s strategy now?
$400M Corporate Treasury and $1.25B Deals Shake Up SOL News: Should You Acquire the Solana Crypto Price Dip?
The Solana crypto represents a powerful, high-efficiency blockchain recognized for its minimal fees and extensive scalability. These qualities establish the network as the main hub for meme coins, a market now valued at over $70 billion. While SOL crypto ranks below XRP in crypto market capitalization, it remains one of the top-performing assets throughout the past year.
According to daily charts, local price ceiling lies near $210. For the upward trend to persist, a robust move above last week’s peaks is necessary, ideally accompanied by above-average trading volumes. Buyers must counteract losses from August 25, build on gains from late last week, and absorb selling pressure for a potential continuation. If successful and SOL USD surpasses $210, the resulting double-top breakout could lay the foundation for further gains towards $300 in a continuing upward trend.
Ethereum Spot ETFs Lead With $444 Million Inflows as Bitcoin ETFs Add $219 Million
On August 25, there was a notable surge in institutional interest in digital currency as both Bitcoin and ETH spot ETFs showcased strong inflows. Ethereum spot ETFs led with $444 million in net inflows, marking three consecutive days of positive buyer interest.
Bitcoin spot ETFs also experienced strong performance, achieving $219 million in inflows, with none of the twelve funds reporting any outflows. This trend signifies an increasing confidence among investors within the sector notwithstanding recent market fluctuations.
Continuous inflows into both Bitcoin and Ethereum products imply ongoing institutional accumulation, a potentially optimistic signal for the wider trading market in the weeks to come.
The post [LIVE] Latest Crypto News, August 26 – Trump Attempts to Oust Fed Governor Lisa Cook, BTC Price Falls Below $110K as Bitcoin Dominance Decreases: Top Altcoins to Buy During This Dip? appeared first on 99Bitcoins.
