🟠On September 1st, Bitcoin dropped to $107,200, marking a two-month low and a 13% decline from its recent all-time high of $124,000. By 10:40 a.m. MSK, BTC was trading near $108,500, with its market cap shrinking to $2.16 trillion. Ethereum also corrected, holding around $4,400, down 11% from its August 24th peak.
🟠This decline comes despite strong inflows into crypto ETFs — $440 million into Bitcoin products and $1.08 billion into Ethereum. The market remains under pressure from heavy profit-taking. The Fear & Greed Index fell to 46 points, reflecting rising uncertainty and waning appetite for risk assets. Experts link the selloff to profit realization and positioning ahead of key macroeconomic events in September.