[LIVE] Latest Crypto News, August 26 – Trump Moves to Remove Fed Governor Lisa Cook, Bitcoin Price Dumps Below $110K as Bitcoin Dominance Falls: Best Altcoins to Buy in This Dip?

[Ben Graham]

Bitcoin slid to $108,600 earlier today before rebounding near $109,800, as heavy on-chain flows and political headlines dragged the U.S. dollar lower and lifted gold. Traders are split: some warn the cycle top is near, while others see classic whale manipulation at play. Large holders often sell at a loss to accumulate more, later driving prices higher. They frequently use news events as catalysts to create liquidity and fuel the next pump. For investors searching for the best altcoins to buy during this dip, understanding whale behavior is key to spotting opportunities.

Bitcoin

Price

Market Cap

BTC

$2.19T

24h7d30d1yAll time

On-chain sleuths pointed to concentrated “whale” moves as an immediate trigger. Reports say a long-dormant seven-year holder rotated nearly $2 billion of Bitcoin into Ether over the past week; one rapid tranche appears to have produced a 2.2% drop in BTC in roughly a ten-minute window. Other large moves, including a sale of ~670 BTC (reported at roughly $76M) to open a long ETH position, added to pressure and short-term liquidity imbalances.

Earlier in the weekend Bitcoin had already dipped toward $112,174 in related flows, then extended lower during today’s bout. Fear & Greed readings have responded: the Crypto Fear & Greed Index hovered around 43 (“neutral to fear”), reflecting rising caution. Also Bitcoin dominance is falling, now at 58.55%.

The total crypto market cap has declined 2.5% today, falling below $3.9 trillion.

Memes saw the most notable drop, down 7.98%. pic.twitter.com/69ugfsA0nA

— CoinGecko (@coingecko) August 26, 2025

EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025

Trump “Fires” Federal Reserve Governor Lisa Cook – Political Tensions and Dollar Weakness Add to Crypto Market Stress

Adding to market nervousness, political headlines out of Washington amplified risk-off sentiment: President Trump reportedly attempted to remove Federal Reserve Governor Lisa Cook. Governor Cook has refused to step down and is mounting a legal challenge: an episode that knocked the dollar lower and pushed investors toward gold and risk assets for short intervals.

The U.S. dollar after Trump’s announcement that he was ousting Lisa Cook: pic.twitter.com/u3MOXPyLRC

— Andrew—#IAmTheResistance—Wortman (@AmoneyResists) August 26, 2025

Meanwhile, industry news paints a mixed picture. Regulators are increasing scrutiny on tokenized stock products, citing investor protection concerns, while major crypto investment firms  (including Galaxy Digital, Multicoin Capital, and Jump Crypto) are reportedly preparing a $1 billion fund to accumulate Solana. This highlights the continued flow of strategic capital into select altcoins despite regulatory pressure.

With Bitcoin under pressure, the question arises: what are the best altcoins to buy in a dip? Traders often point to ETH, backed by ongoing DeFi and NFT demand; SOL, buoyed by recent large-scale buys; ADA and BNB, both supported by strong ecosystems (with BNB recently hitting a new ATH); and LINK, favored for its oracle technology. Still, investors should be mindful that volatility remains high and macroeconomic developments could quickly shift market sentiment.

1 hour ago

The World’s Largest Custodian: Is BlackRock Bitcoin Holdings Planning a Coup?

By Fatima

Commander Bobo, the time has come to execute order $66k. “It will be done, Lord Bogdanoff…” Okay, all jokes aside, is BlackRock Bitcoin Holdings planning a secret coup?

The launch of Bitcoin exchange-traded funds (ETFs) has transformed the market, giving institutional investors an on-ramp into the once retail-led ecosystem. BlackRock’s iShares Bitcoin Trust (IBIT) is at the center of this shift, which now manages more than 781,000 BTC—about $88 billion in assets.

That’s nearly 6.5% of eth logoETH ▼-4.19% circulating supply locked into a single vehicle, surpassing the reserves of many major exchanges. Net inflows into IBIT have consistently outpaced rival products, cementing BlackRock as the most influential Bitcoin ETF player. Are we all just players in BlackRock’s game now?

Read The Full Article Here

3 hours ago

$400M Corporate Treasury and $1.25B Deals Rock SOL News: Should You Buy the Solana Crypto Price Dip?

By Fatima

Solana crypto is a robust, high-performance blockchain known for its low fees and high scalability. These attributes make the network the official home of meme coins, an industry now worth over $70 billion. Although SOL crypto ranks below XRP in market cap, it remains one of the top-performing assets over the past year.

From the daily chart, the local resistance is around $210. For the uptrend to continue, there must be a strong push above last week’s highs, ideally with above-average trading volume. Buyers should reverse the losses of August 25, build on gains from the end of last week, and absorb all selling pressure for a chance of trend continuation. If they succeed and SOL USD breaks $210, the resulting double-top breakout could form the base for further gains toward $300 in a buy-trend continuation formation.

Read The Full Article Here

3 hours ago

Ethereum Spot ETFs Lead With $444 Million Inflows as Bitcoin ETFs Add $219 Million

By Fatima

On August 25, institutional interest in crypto surged as both Bitcoin and Ethereum spot ETFs reported strong inflows. Ethereum spot ETFs led the way with $444 million in net inflows, extending their streak to three consecutive days of positive demand.

Bitcoin spot ETFs also performed strongly, recording $219 million in inflows, with none of the twelve funds reporting any outflows. This trend highlights growing investor confidence in the sector despite recent market volatility.

Sustained inflows into both BTC and ETH products suggest continued institutional accumulation, a potentially bullish signal for the broader crypto market in the weeks ahead.

The post [LIVE] Latest Crypto News, August 26 – Trump Moves to Remove Fed Governor Lisa Cook, Bitcoin Price Dumps Below $110K as Bitcoin Dominance Falls: Best Altcoins to Buy in This Dip? appeared first on 99Bitcoins.