Bitcoin Hits Seven-Week Low

🟡On August 26, Bitcoin fell below $110K, reaching $108,762 — its lowest point in seven weeks. By 10:35 MSK, BTC was trading near $110,400, down 1.5% on the day and 4% for the week. Market pressure is amplified by sell-offs in altcoins: Ethereum, after its recent all-time high, corrected 11%, while Solana dropped 7.5% in a single day.
🟡The total crypto market capitalization fell to $3.78 trillion, while in the past 24 hours, 196K traders were liquidated for $890 million, of which $780 million were long positions. The Fear and Greed Index remains at 48, reflecting investor caution and a wait-and-see market stance.