Crypto market today — BTC $77,521 (+0.65%) · premium -0.9% · 157 up vs 46 down · 24 Aug

The past 24 hours (measured by AntProfit · as of 08:30 on 24 Aug KST)

These numbers are not borrowed from other outlets — we read them directly from 21 exchanges.

A funding rate at the 0.01% baseline means longs are not crowding the futures market. And a negative kimchi premium means Korean investors are not chasing the move. With far more gainers than losers, the market moved together today.

Biggest gainers and losers (24h)

We count only coins with at least $10M turnover listed on three or more exchanges (this keeps single-venue pumps and scam tokens out). Prices come from the largest venue by turnover; turnover from the largest spot venue.

Biggest gainers

Biggest losers

Where the money went (turnover far above a week ago)

• ENA $0.1637 (+2.88%) — spot turnover $102.4M, 10x a week ago
• ASTER $0.6865 (+5.94%) — spot turnover $26.2M, 10x a week ago
• GPS $0.0113 (-6.58%) — spot turnover $2M, 8.8x a week ago

If turnover jumps while the price does not, someone large may be accumulating or exiting — check the order book on the coin page.

Kimchi premium right now

The kimchi premium (the price gap between Korean and overseas exchanges) is -0.9% — 24h average -0.95%, range -1.27% to -0.47%. Korea is cheaper = domestic buying is not following the move.

Coins with the widest gaps in our latest scan (one row per coin):

• PEPE premium — Binance $0.00000409 · Bithumb $0.00000415 — 1.58% apart
• TRUMP premium — HTX $2.65 · Coinone $2.69 — 1.47% apart
• RE premium — WhiteBIT $0.5369 · Upbit $0.5423 — 1.00% apart

Read these gaps after fees, transfer time and FX. They are not an arbitrage call — they are a thermometer for which side of the market runs hotter.

Funding-rate skew (which way futures lean)

The funding rate is a fee that passes periodically between longs and shorts in perpetual futures. Positive means longs pay shorts; the further it drifts from the 0.01% baseline, the more crowded one side is.

• BTC 0.01% per 8h (about 0.03% a day) — At the baseline = longs are not crowded
• ETH 0.01% per 8h (about 0.03% a day) — At the baseline = longs are not crowded
• ONG a lot of money is betting it falls — holding leverage costs about 3.42% a day (Bybit)
• ACE a lot of money is betting it falls — holding leverage costs about 3.06% a day (Bybit)

A holding cost this wide is not an income opportunity — it is a signal that one side is badly crowded. On such coins, price swings dwarf the fee.

Yesterday's main stories

1. US Treasury Doubles Buyback Scale, Triggering Massive Short Squeeze

On August 23, 2026, reports highlighted that the US Treasury, led by Treasury Secretary Scott Bessent, announced it will double its long-term bond buyback (purchasing back its own debt) scale from $2 billion to at least $4 billion per session. This measure is scheduled to be implemented from September 9 to November 4, 2026.

This announcement caused long-term bond yields to fall and the US dollar to weaken, driving massive capital into scarce assets like Bitcoin and gold. Consequently, Bitcoin surged to touch the $79,400 level, triggering $3 billion to $4 billion in short squeeze (forced liquidations of bets on price drops) across the crypto market, before stabilizing in the mid-$77,000s after a brief correction to $75,500.

2. Bitcoin and Ethereum Spot ETFs Record Largest Weekly Inflows of 2026

According to reports on August 23, 2026, US spot Bitcoin and Ethereum ETFs recorded their strongest weekly inflows of the year 2026 for the week ending August 21. Spot Bitcoin ETFs saw net inflows of approximately $1.918 billion, while spot Ethereum ETFs attracted about $697.2 million, totaling $2.6 billion.

This strong institutional buying support, driven by macroeconomic tailwinds and regulatory clarity expectations in Washington, helped Bitcoin break past $77,000 and provided a solid price floor for Ethereum to maintain its position in the mid-$2,400s.

3. Solana Successfully Completes Mainnet Performance Upgrade

On August 21, 2026, the Solana network successfully released a mainnet system upgrade. This upgrade represents the initial phase execution of proposal 'SIMD-0525', which successfully reduced the block processing time (Slot Time) by 50 milliseconds, from 400ms down to 350ms.

The improvement in network responsiveness and transaction confirmation speed boosted investor sentiment, driving Solana (SOL) price up by approximately 1.4% to reach $95.22 as of the morning of August 24.

What to watch today and this week

1. 25 Aug (Tue) 23:00 KST — Release of the US Consumer Confidence Index for August by the Conference Board. This is a key macroeconomic indicator used to gauge US consumer spending health and inflation outlook.
2. 25 Aug (Tue) KST — Official listing and trading launch of Grayscale Zcash Spot ETF on NYSE Arca. Anticipation surrounding this listing has recently driven a strong upward price trend for the ZEC token.
3. 27 Aug (Thu) 01:00 KST — NVIDIA's Q2 earnings release. As a global leader in AI, NVIDIA's financial results will heavily influence investor sentiment across tech stocks and risk assets, including cryptocurrencies.
4. 27 Aug (Thu) Night – 30 Aug (Sun) Dawn KST — The 2026 Jackson Hole Economic Symposium hosted by the Kansas City Fed. This annual event will focus on the theme 'Financial Innovation: Implications for Payments and Policy' and draw global financial attention.
5. 28 Aug (Fri) 21:30 KST — Release of the US Personal Consumption Expenditures (PCE) Price Index for July. This is the Federal Reserve's preferred inflation metric and will serve as a crucial clue for the upcoming September interest rate decision.

Volatility often picks up around these dates. Simply knowing when they land helps you avoid being caught off guard.

This wrap is compiled automatically every morning. The numbers are read directly from 21 exchanges by AntProfit; stories and dates are included only when the source checks out. Nothing here recommends a trade.