The cryptocurrency market entered a correction stage on August 23, with Bitcoin falling below US$77,100, and most mainstream cryptocurrencies showed a downward trend. According to CoinMarketCap data, Pump.fun (PUMP) has become the best performing asset among the top 100 cryptocurrencies by market capitalisation.
Cryptocurrency market on August 23, 2026
According to CoinMarketCap data at 11:30 am Korean Standard Time on August 23, Bitcoin (BTC) fell 1.85% from the previous day to US$77,068.73; Ethereum (ETH) fell 3.84% to US$2,417.28.
Ripple (XRP) fell 4.12% to $1.48;Solana (SOL) fell slightly 0.59% to $94.98. DOGE fell 1.88% to US$0.09195; TRX fell 0.42% to US$0.3439.
Avalanche (AVAX) fell significantly among mainstream altcoins, falling 6.57% to US$7.47. World Liberty Financial (WLFI) fell 10.59% to $0.05739;Worldcoin (WLD) fell 8.64% to $0.3867.
Among the top 100 cryptocurrencies by market capitalisation, Pump.fun (PUMP) recorded the largest increase in 24 hours, soaring 15.97%. ASTER recorded the largest decline, down 13.35%.
Among other altcoins, QUAI fell 3.43% to US$0.01171 and ALEO fell 0.58% to US$0.01682.
In addition, CoinMarketCap has added DebtReliefBot (DRB) as a newly listed cryptocurrency in the past 24 hours.

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