🚨 Bitcoin Dips After Record Highs – Macro Concerns Trigger $570M Liquidations

Bitcoin slipped to $115K this week, just days after touching a fresh all-time high near $125K – its fourth record of 2025. The drop was fueled by heavy profit-taking and macroeconomic pressure, leading to over $570M in long liquidations across the crypto market in just 24 hours.

📉 Market Snapshot:

◇ BTC: $116,048 (-1%) after briefly dropping to

$114,706

◇ ETH: $4,325 (-3%) after nearing its $4,800

ATH last week

◇ CoinDesk 20 Index: -3.7%

💥 Liquidation Wave:

According to CoinGlass, 133K+ traders were liquidated in the past day – with $124M from BTC longs and $184M from ETH longs.

⚖️ Macro Pressure:

Higher-than-expected inflation data raised doubts about a Fed rate cut in September.

Treasury Secretary Bessent clarified that the U.S. strategic Bitcoin reserve will rely only on BTC forfeited to the government – cooling investor excitement.

📊 Institutional Flows:

Despite Friday’s ETF outflows, BTC ETFs saw $547M inflows last week, while ETH ETFs posted a record $2.9B inflows – their 14th consecutive positive week.

🔎 What’s Next:

Investors are watching the Jackson Hole Fed symposium for policy clues.

Thursday’s jobless claims data could also sway markets.

👉 Analysts note that August weakness isn’t a crisis but rather a healthy cooldown before the September Fed meeting, with institutional adoption and ETF support still providing strong market foundations.

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