Gate Research: ONG Surges 141%, Bitcoin Breaks Above $75,000

• Stock Markets: All three major U.S. indices closed lower, with the Dow falling 1.32%. Hong Kong’s three major indices advanced, led by a 0.80% gain in the Hang Seng Index. South Korean equities rebounded sharply, with the KOSPI rising approximately 6.1%.
• Market Commentary: The crypto market rallied, with BTC and ETH gaining 7.31% and 4.23%, respectively, over the past 24 hours. The Fear & Greed Index rose to 67 as expanded Treasury buybacks, strong ETF inflows, and short covering improved market sentiment.
• Trending Tokens: ONG (+141.21%), ONT (+35.28%), and PEOPLE (+32.07%) led the gains as capital rotated into the Ontology ecosystem, digital identity, and community-driven Meme narratives.
• Alpha Insights: Kraken’s parent company explored obtaining full banking status outside the U.S.; the White House discussed the CLARITY Act with industry executives; and CME, the CFTC, and Kalshi clashed publicly over prediction-market regulation.

Discover more details today → Gate Research: ONG Surges 141%, Bitcoin Breaks Above $75,000

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Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions

Gate Team
August 21, 2026

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