Open interest fell 2.65% and funding stayed near baseline, pointing to leverage clearing rather than longs rebuilding.

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	Forwarded this email? Subscribe here for more Bitcoin weekend blip wiped out $250M in over leveraged long traders while open interest weakens Open interest fell 2.65% and funding stayed near baseline, pointing to leverage clearing rather than longs rebuilding. Aug 24   READ IN APP   A fresh Monday market snapshot is ready. Institutional appetite is spreading across crypto, but the same expansion is raising the stakes for market structure and network reliability. Nearly $90 million entered altcoin funds while US Bitcoin and Ethereum ETFs drew $2.6 billion in their strongest week of 2026, signaling demand beyond the largest assets. That momentum met a sharp reminder of leverage risk, as a Bitcoin dip liquidated $250 million in long positions and open interest fell. Bitcoin Core’s proposed routing changes and Pakistan’s licensing deadline also show why participants must track operational and regulatory conditions alongside fund flows. The global crypto market cap is $2.67 trillion, with a 24-hour volume of $116.99 billion. The price of Bitcoin is $79,825.11, and BTC market dominance is 59.6%. The price of Ethereum is $2,515.91, and ETH market dominance is 11.3%. The best-performing sector is Cat-Themed, which gained 19%. The Crypto Fear & Greed Index is currently Greed (73). 📰 Top News Bitcoin weekend blip wiped out $250M in over leveraged long traders while open interest weakens Open interest fell 2.65% and funding stayed near baseline, pointing to leverage clearing rather than longs rebuilding. Wall Street just poured nearly $90 million into altcoins as XRP, SOL and HYPE rip higher Investor demand broadened beyond Bitcoin and Ethereum as several newer crypto funds extended consecutive weeks of positive flows. Bitcoin and Ethereum ETFs just had their biggest week of 2026 as crypto exploded higher The US funds pulled in $2.6 billion as Bitcoin surged toward $80,000 and Washington delivered a string of market-moving catalysts. 🗞️ More News Bitcoin Core considers dropping encrypted routing support as poor node health exposes users to eclipse attacks Pakistan gives crypto platforms a September 5 deadline to comply or leave Bitcoin miner IPO demands 99.8% of funds from public buyers while handing them just 10% equity The next phase of tokenization is utility How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves Bitcoin holders face unresolved fork risks as new eCash test chain launches ahead of October deadline 8 reasons to lock in always-on visibility on CryptoSlate If your company wants meaningful reach in crypto throughout 2026, CryptoSlate is the safe, high-leverage choice. 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