🔴Recent Market Movements📉📈
🔸️On August 1st, crypto markets suffered losses of about 3% to 7% amid fears of new US regulations and weak employment data, causing Bitcoin to drop to around $115,000, while Ethereum, Solana, and DOGE fell by up to 8%.
🔸️The total market capitalization dropped to approximately $3.83 trillion, as institutions shifted their liquidity away from BTC, while ETH spot ETF trades reached 20 consecutive days of inflows before BTC spot ETF declined by about $115 million.
