# Bitcoin holds near $79,000 after a 23% week, and the sentiment gauge has swung from fear to greed in under two weeks

More than $115 million of long positions were liquidated in a single hour, and CryptoQuant data show XRP leverage on Binance at its highest level since January.

- Published: 2026-08-26T05:49:32.350Z
- Canonical: https://polylog.news/crypto/2026-08-26/bitcoin-holds-near-79-000-after-a-23-week-and-the-sentiment
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/08/26/bitcoin-holds-usd79-000-ether-solana-slip-4-as-traders-bank-a-week-of-gains), [CoinDesk (Fear and Greed)](https://www.coindesk.com/markets/2026/08/26/crypto-greed-gauge-hits-highest-since-just-before-october-s-usd19-billion-wipeout), [CoinDesk (XRP leverage)](https://www.coindesk.com/markets/2026/08/26/xrp-s-44-rally-brings-leverage-back-raising-risk-of-sharper-pullback), [Polylog editors](https://polylog.news), [Bitcoin Magazine](https://bitcoinmagazine.com/markets/bitcoin-surges-is-debasement-trade-back)

Bitcoin held near $79,000 in Wednesday morning trading after every major token except HYPE fell over 24 hours, with ether and solana down about 4%. The pullback follows a strong week: bitcoin holds a 23% weekly gain and XRP close to 45%. Bi…

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