【Bitfinex Report: Bitcoin's Consolidation and Volatility is not Structurally Weak】Golden Finance reports that the latest Bitfinex Alpha report points out: Last week, due to investors avoiding risk and turning to ETFs with weakened liquidity amid rising inflation data, the price of Bitcoin has dropped nearly 10% from its peak. However, Federal Reserve Chairman Jerome Powell's dovish remarks have revitalized market confidence, with expectations that the Fed will cut interest rates in September. Ethereum has performed exceptionally well, soaring to a historic high of $4958.70 on Sunday, solidifying its emerging status as a key liquidity driver for institutional demand, while Bitcoin's ongoing consolidation indicates temporary market price fluctuations rather than structural weakness.