Last night, Bitcoin fell, mainly due to several reasons:

First, the PPI data exceeded expectations, and the number of unemployment claims was lower than expected, which reduced the probability of an interest rate cut in September, leaning bearish;

Second, the U.S. stock market opened lower, which affected the cryptocurrency market;

Third, there was a net outflow of $293 million from U.S. spot ETFs, breaking the previous streak of net inflows;

Additionally, after Bitcoin reached an all-time high, many profit-takers sold off, which also drove the price down.