Gate Research: BTC Slips Below $78,000, Cronos Briefly Halts After an Attack

• Equities: The three major U.S. indexes closed slightly lower, with semiconductors leading the decline. Hong Kong stocks traded in a narrow range, and the Hang Seng Tech Index fell 0.33%. Korean markets diverged, with the KOSPI down 1.79% and the KOSDAQ edging higher.
• Market wrap: Crypto eased modestly, with BTC and ETH down 0.32% and 1.24% respectively. The Fear & Greed Index stood at 75 (Greed), and capital remained concentrated in BTC.
• Top movers: UAI (+37.80%), ZORA (+30.30%), and AUCTION (+16.00%) led gains, as flows rotated through AI-agent, on-chain content, and decentralized auction narratives.
• Alpha notes: An attack on Tectonic briefly halted Cronos. Chainalysis alleged that ICE unfairly awarded a nearly $95 million contract on a sole-source basis. Nineteen malicious browser extensions were found stealing data from crypto wallets and trading platforms.

Discover more details today → Gate Research: BTC Slips Below $78,000, Cronos Briefly Halts After an Attack

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Disclaimer

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 31, 2026

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