The global cryptocurrency market cap dipped slightly on August 23rd, decreasing by 0.22% to reach $3.84 trillion according to CoinMarketCap data. Bitcoin (BTC) experienced a range-bound performance over the past 24 hours, currently trading at $115,610 after an increase of 2.34%. A number of leading cryptocurrencies showed significant gains, with MEME, BAND, and BOME surging by impressive percentages: 72%, 33%, and 29% respectively. The market’s outlook is influenced by recent events: the Jackson Hole symposium saw a noteworthy address from Jerome Powell that potentially impacted Bitcoin prices. Meanwhile, stablecoin regulation in the U.S., coupled with ongoing discussions about the EU’s digital euro project, continues to generate buzz in the crypto space. For this week’s market movers, ETH, XRP, and SOL have also seen significant gains, while Dogecoin and Cardano are also seeing notable increases. The top gainers on Binance highlight this volatile market trend: MEME, BAND, and BOME have shown substantial growth. News headlines focused on the current state of crypto markets include a focus on Ethereum’s ETF performance following recent inflows from Blackrock. Other noteworthy headlines include discussions on stablecoin partnerships in South Korea and the potential impact of regulation on digital currencies.