From left, Ethereum, Bitcoin, and Solana depicted as coins./Courtesy of CryptoDaily

Bitcoin, which topped $80,000 last week, is trading around $77,700. It is seen as a pullback on the prospect of a U.S. rate hike in Sep.

According to CoinMarketCap, a global virtual asset market tracker, as of 8:30 a.m. on the 31st, bitcoin was at $77,779.77, down 0.61% from 24 hours earlier.

Ethereum, the No. 2 by market cap, is down 1.01% at $2,430.48. Ripple (XRP) is down 2.18% at $1.36, and Solana is down 3.71% at $101.69, respectively.

New York stocks fell on the day. The Dow Jones Industrial Average closed at 53,559.99, down 9.45 points, or 0.02%, from the prior session. The Standard & Poor's (S&P) 500 index fell 19.23 points, or 0.25%, to 7,711.76, and the Nasdaq composite lost 138.93 points, or 0.52%, to 26,402.42.

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