Crypto Market Drops on August 26th: Bitcoin, Ethereum See Significant Losses

The cryptocurrency market experienced a widespread downturn on August 26th, 2025, as major tokens experienced notable price drops. According to CoinMarketCap data, the leading asset, Bitcoin (BTC), fell by 2.83% to $109,802.34. Ethereum (ETH) saw a steeper decline of 6.56%, reaching $4,419.79. Other prominent cryptocurrencies also suffered significant losses. XRP, Dogecoin, Solana, Avalanche, and Shiba Inu all experienced double-digit percentage declines. Meanwhile, Pax Gold (PAXG) posted the highest gain among the top 100 cryptocurrencies during the 24-hour period, with a 0.29% rise. Fartcoin (FARTCOIN) took the heaviest hit, recording a staggering 17.56% decline.