Bitcoin Holds Above $78,000 as Altcoins Dip on Hawkish Fed Expectations

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Bitcoin remained steady above $78,000, posting little change over the week following a strong 24% surge in August. Major altcoins including Ether, Solana, Tron, and Dogecoin all recorded losses over the past 24 hours. Hyperliquid's HYPE token bucked the downward trend, gaining approximately 4% while broader markets slipped. The weakness in altcoins was largely attributed to growing market expectations of a more hawkish stance from the U.S. Federal Reserve.

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