08/29/2026
Aug 29: Bitcoin Coinbase Premium Turns Positive as BTC Reclaims $80,000
AMD Helios Launches, Analysts Debate $1 Trillion Market Cap Path · Charles Schwab to Expand Crypto Trading to Solana, Avalanche, and Chai · Bitwise Solana ETF Becomes First to Surpass $1 Billion AUM
Market Snapshot
- Bitcoin (BTC): $77,725.84 (-3.54% 24h)
- Ethereum (ETH): $2,442.28 (-2.92% 24h)
- Solana (SOL): $103.91 (-4.77% 24h)
- Notable metric: US spot Bitcoin ETF inflows reached $1.9B last week, the highest since October 2025.
Top Stories
- Charles Schwab to Expand Crypto Trading to Solana, Avalanche, and Chainlink
- Bitwise Solana ETF Becomes First to Surpass $1 Billion AUM
- Bitcoin Coinbase Premium Turns Positive as BTC Reclaims $80,000
- Trump Crypto Investors Face $4.7 Billion in Paper Losses, Report Finds
- AMD Helios Launches, Analysts Debate $1 Trillion Market Cap Path
Key Takeaways
- Traditional finance giants like Schwab are expanding crypto access, but fee structures remain less competitive than crypto-native platforms.
- ETF wrappers continue to attract institutional and advisor flows, especially for assets like Solana, even amid price volatility.
- US-based demand for Bitcoin is resurging, as indicated by ETF inflows and the Coinbase Premium turning positive.
- Celebrity-linked crypto projects carry significant risk for retail investors, with the majority facing unrealized losses.
- The AI hardware race is intensifying, but market-cap milestones for challengers like AMD remain speculative.
What to Watch
Keep an eye on Schwab's rollout timeline for SOL, AVAX, and LINK trading, which could drive further mainstream adoption. Watch for sustained positive readings in the Coinbase Premium Index and ETF inflows as indicators of US market sentiment. In the AI sector, monitor the initial performance and client feedback from AMD's Helios deployments with OpenAI and Meta, as well as competitive responses from Nvidia.