Solana Leads Crypto Higher as Bitcoin Holds Near $64,000
Solana, a high-throughput blockchain and one of the largest crypto assets, is often treated as a gauge of risk appetite beyond bitcoin and ether. Its leadership in the latest advance suggests traders were willing to add exposure to more volatile tokens even as Asian technology shares came under pressure. Crypto’s resilience is notable because digital assets have recently traded alongside the broader artificial-intelligence and semiconductor cycle.
During Asian trading on Aug. 19, Solana led gains across major cryptocurrencies, while bitcoin held near $64,000 and ether also advanced. The move contrasted with losses of more than 7% in major South Korean semiconductor shares, highlighting a split between crypto and chip-linked risk assets. Investors were also awaiting the Federal Reserve’s Aug. 19 release of minutes from its July 28-29 meeting for clues on the interest-rate outlook.
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The history behind this eventBitcoin Holds Above $78,000 as Hawkish Fed Bets Weigh on Crypto
Cryptocurrency markets are again taking their cue from the US interest-rate outlook, as investors position for a more hawkish Federal Reserve stance. Expectations that monetary policy will remain restrictive have weighed on appetite for risk-sensitive assets. Bitcoin’s ability to hold a key price level is therefore being watched as a gauge of broader crypto-market resilience and investor risk tolerance.
Ether, Solana and Dogecoin declined over the past 24 hours as most major cryptocurrencies came under pressure. Bitcoin held above $78,000 and was broadly flat for the week after gaining 24% in August. HYPE bucked the weaker trend, rising about 4% and outperforming the major tokens as traders favored the market’s few pockets of momentum.
Solana Leads Crypto Rebound as Bitcoin Stays Below $80,000
Bitcoin’s move below $80,000 underscores the cryptocurrency market’s sensitivity to US interest-rate expectations and shifts in risk appetite. Solana, a more volatile major token, often posts larger moves when demand for digital assets recovers. Attention is turning to Warsh’s first appearance at the Jackson Hole Economic Policy Symposium, the Kansas City Federal Reserve’s annual gathering and a key venue for signals that can reshape global monetary-policy expectations.
Most major cryptocurrencies advanced during the 24 hours through Aug. 28, 2026, helping extend a broader weekly recovery even as Bitcoin remained below $80,000. Bitcoin gained 9% over the past seven days, while Solana climbed 20% and led the major tokens higher. Traders are now watching Warsh’s Jackson Hole debut for comments that could shift the outlook for US interest rates, risk assets and the next phase of the crypto rally.
Ether Leads Crypto Market as Bitcoin Holds Above $63,000
The cryptocurrency market has shown strong resilience following its late-June decline. Bitcoin and Ether have held key technical support levels even as a stock-market rally driven by AI and chip shares has lost momentum. Traders see the move as an early sign of a more durable recovery. It also breaks from crypto’s typically close correlation with U.S. technology stocks, prompting global investors to reassess digital assets’ independent safe-haven value during macroeconomic turbulence.
Ether led the market with a 12% weekly gain in mid-July, driven mainly by Bitmine’s purchases and the launch of Robinhood’s Layer-2 network, which attracted more than $70 million in its first week. Bitcoin also held above $64,000 over the July 12 weekend. Analysts said Bitcoin could challenge $70,000 ahead of the Federal Reserve’s July 28 rate meeting if signals of a rate cut become clear.
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