Overview
- Bitcoin consolidated just below $109,000 after registering its highest-ever weekly close of nearly $110,000.
- Crypto ETF assets under management reached an all-time high of $188 billion following net inflows of $790 million into Bitcoin funds.
- Ether, Solana and XRP products attracted $226 million, $22 million and $11 million in new ETF investments last week, underscoring institutional demand.
- On-chain activity and trading volumes for Bitcoin fell to their lowest levels in nearly two years, prompting warnings of a summer lull.
- President Trump postponed fresh tariffs until August 1, but Bitcoin remained resilient around $108,700 and traders caution that thin summer liquidity could magnify volatility.