The total crypto market capitalization rose 0.74% to $2.71 trillion in the week through September 4, 2026, while Bitcoin gained 1.22% and Ethereum advanced 0.24%. Weekly liquidations began muted and tilted toward longs before sentiment shifted toward more than $400 million in short positions near the close; funding rates remained healthy, with most major tokens below 10%. Strategy acquired 4,603 BTC for $370 million, increased cash reserves by $29 million and bought back $152 million in STRC. Other major developments included Singapore’s proposed stablecoin framework, Ledger’s class-action lawsuit over its 2023 data breach, Hyperliquid’s U.S. expansion plans, Solana’s issuance reduction, and several exploits affecting Fogo, Tectonic and Avici. Hyperliquid remained a leading market narrative as it pursued U.S. perpetuals, permissionless HIP-4 deployments and additional financing that could support HYPE purchases. Crypto outperformed the S&P 500 and Nasdaq during the week despite concerns about escalating Iran conflicts and rising inflation.