🔵Amid rising market uncertainty and new U.S. trading tariffs, cryptocurrencies are facing a wave of sell-offs. Bitcoin dropped to $111,943 — its lowest level since early July — losing 3.5% over the past week. Ethereum fell by 8.7%, while net outflows from U.S. crypto ETFs reached a record $812 million in a single day.
🔵The Fear and Greed Index has declined to 53, indicating a shift in sentiment — investors are more inclined to sell. The capital outflows from ETFs and altcoin losses reflect increasing market skepticism, where even a strong July is giving way to a more cautious August.
