Overview

• Bitcoin has fallen more than 9% from last week’s record above $124,000, with prices hovering near $113,000 as risk appetite fades.
• Roughly $500–560 million in positions were liquidated over 24 hours, including hundreds of millions of dollars in longs, according to CoinGlass data.
• Odds of a September Federal Reserve rate cut eased to about 85% from near‑certainty last week, following stronger‑than‑expected price data.
• Despite day‑to‑day outflows, spot ETFs logged sizable weekly inflows—about $547 million into bitcoin funds and $2.9 billion into ether funds.
• Crypto‑linked equities slid alongside tokens, with ‘crypto treasury’ names such as KindlyMD falling around 14% and MicroStrategy down nearly 6%, while broader tech shares weakened and Asian markets opened lower.