Bitcoin BTC Intelligence — Monday, August 24, 2026 — EVENING edition BTC is near 78.9K, up roughly 1.6% over 24 hours. CoinMarketCap shows approximately $78,894, with a 24-hour low near $76,689 and high near $79,970...
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Bitcoin BTC Intelligence — Monday, August 24, 2026 — EVENING edition BTC is near 78.9K, up roughly 1.6% over 24 hours. CoinMarketCap shows approximately $78,894, with a 24-hour low near $76,689 and high near $79,970...
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BTC Intelligence — Monday, August 24, 2026 — EVENING
As of about 6:07 PM Chicago time, Bitcoin is near $78.9K, up roughly 1.6% over 24 hours. CoinMarketCap shows approximately $78,894, with a 24-hour low near $76,689 and high near $79,970. Reuters independently had BTC at $78,993, +2.05% earlier this afternoon.
Today’s Highlights
The biggest development since the midday report is that BTC tested almost exactly $80,000 but did not establish acceptance above it. The 24-hour high is about $79,970, followed by a retreat back toward $78.9K. That is a genuine resistance test, not yet a confirmed breakout.
The second major development is derivatives quality. CoinDesk, citing CoinGlass, reports Bitcoin futures open interest has fallen from 762,000 BTC on August 18 to about 715,000 BTC, a two-month low, even while spot BTC rallied. Annualized funding across BTC and other majors is around 10%, described as bullish but not unusually overheated. This strengthens the case that last week’s surge contained real spot demand and short unwinding rather than simply new leveraged longs piling in.