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Market RegimeNeutral50/20·Mkt Cap$2.69T-1.8%·24h Vol$121.5B·BTC Dom59.1%·F&G74 · Greed·Scanned3,183·Breadth45%·Hot SectorPayments
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PyreFi: Harmony ONE Plunges 41%

Weekly briefing · August 17, 2026

Harmony ONE Plunges 41%

The crypto market saw a significant drop in Harmony's ONE token, which plunged 41% after an exploit involving the unauthorized minting of 4 billion ONE tokens. This incident led to a loss of investor confidence, causing the token's price to plummet. Meanwhile, Bitcoin's price dropped to $62.5K, with traders warning of potential further losses. Despite this, some institutional investors, such as JPMorgan, increased their stake in Bitcoin ETFs, with JPMorgan growing its stake to $356M. The market also saw other notable moves, including a 147% surge in DOS and a 14.61% gain in LINK. Not financial advice · DYOR

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Total crypto market cap stands at $2.18T on $34.84B of 24h volume. BTC dominance is +58.51% and the Fear & Greed index reads 31 — Fear.

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