Crypto stock declines accelerate as bitcoin slips below $80,000
Crypto-related stocks were also swept lower as the selloff accelerated during the U.S. afternoon session.
Crypto exchange Coinbase (COIN) and USDC issuer Circle (CRCL) both dropped more than 6%, while bitcoin treasury firm Strategy (MSTR) and ethereum treasury company Bitmine (BMNR) slid nearly 7%.
Data center and AI infrastructure-linked names — many of them former bitcoin miners — led declines, with CleanSpark (CLSK), Keel Infrastructure (KEEL) and MARA Holdings (MARA) among the hardest hit.
Meanwhile, the tech-heavy Nasdaq fell over 2%, on track for its worst session since late March. The S&P 500 was 1% lower.
The broad-market weakness also dragged bitcoin (BTC) below the $80,000 level, down roughly 2% over the past 24 hours.
Copper, a reliable economic indicator, is nearing record highs at $6.54.
Historically, bitcoin and copper have shown strong positive correlations, with copper rallies often preceding gains in bitcoin.
Bitcoin’s strongest rallies have also tended to coincide with a rising copper/gold ratio, which has now reached its highest level since July 2025 at 0.00140. While the ratio has broken above its 200-day moving average, an asset that rises above its 200-day moving average is generally considered to be in a long-term uptrend.
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Key Developments in the Crypto Market (August 27, 2025) 1. Trump Media & Crypto.com Partnership Boosts Cronos (CRO) Trump Media has announced a collaboration with Crypto.com to establish a digital asset treasury valued at approximately $6.4 billion. As part of this initiative, around $105 million worth of CRO tokens is expected to be acquired, potentially integrating CRO into platforms like Truth Social. This news has driven a sharp price surge in Cronos, with gains nearing 40%. 2. Ethereum Staking Crosses 30% Milestone The amount of ETH staked has now surpassed 36 million, pushing the staking participation rate beyond 30% for the first time. This reflects a growing level of investor confidence and long-term commitment to the Ethereum network. 3. Top Altcoin Picks for August 2025 Analysts are highlighting emerging cryptocurrencies like Bitcoin Hyper (HYPER), Maxi Doge (MAXI), and Wall Street PEPE (PEPE) as potential growth assets for short-term and mid-term gains. 4. Overall Market Sentiment Major cryptos including BTC, ETH, XRP, and CRO are showing upward momentum, partly influenced by U.S. policy developments and institutional interest. Market sentiment appears increasingly bullish as investor participation expands.
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Huma Finance Launches Next-Gen “PayFi” Network, Bridging Real-World Payments and DeFi
July 2025 – Huma Finance, the world’s first PayFi (Payment + Finance) protocol, is transforming global payments by combining real-world finance with decentralized technologies. Built on blockchain, the network enables 24/7 stablecoin settlements for businesses while offering real yield opportunities to liquidity providers.
Unlike traditional DeFi platforms reliant on speculative token rewards, Huma’s yield is backed by actual payment flows such as payrolls and receivables. This model enables businesses to access on-demand capital, while LPs can earn double-digit APYs with reduced risk exposure.
The platform has processed over $4 billion in transactions since launching Huma 2.0 on Solana in April 2025. Its permissionless model now allows anyone to participate, offering flexible LP options like Classic and Maxi modes.
The native token, HUMA, powers governance, staking, and community incentives. With strategic partners including Circle, Stellar Foundation, and Solana, Huma is positioning itself as a decentralized alternative to legacy systems like SWIFT.
As adoption grows, Huma aims to bring real-world financial access to emerging markets and developers alike—marking a major shift in how DeFi and traditional finance can converge.