$BTC $ETH $XRP
🔍 Market Overview & Price Action:
• Crypto markets slumped amid rising stagflation concerns triggered by disappointing U.S. ISM Non‑Manufacturing PMI data. Bitcoin slipped ~0.8% to $113,000, Ethereum fell ~2.4% below $3,600, and XRP dropped ~4% to $2.92. Risk sectors like SocialFi, NFTs, and meme‑coins saw losses between 5‑6%.
• A rebound surfaced earlier on August 5, with Bitcoin at ~$114,400, ETH at $3,627, and XRP at $3.03, boosted by easing rate‑cut expectations for September.
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