The post August starts wild as ETFs bleed, Bitcoin dips while macro risk builds appeared on BitcoinEthereumNews.com.

Volatility has stormed back as August got off to shaky jobs data, aggressive tariffs, and the crypto market dealing with the correction. The digital assets market cap surged marginally on Monday morning to stand at $3.37 trillion as its 24-hour trading volume dipped by 14%, hitting $110 billion. After a record-setting rally, Bitcoin price saw a dramatic return with a weekend selloff fueled by the worst spot ETF outflows in months. BTC slid to $114,000 after nearly $1 billion in ETF outflows across Thursday and Friday. Ethereum wasn’t spared either as it dropped from the $3,800 level to the $3,500 zone over the past 7 days. Ethereum stays hot as Bitcoin cools off SoSovalue data shows that August 1 saw $812.25 million leave Bitcoin ETFs. July 31 had also posted a withdrawal of $114.35 million. The net flows into BTC ETFs reversed to negative $643 million last week, ending a seven-week positive run. Meanwhile, Ethereum ETFs still recorded $154 million in net inflows, hitting their 12th consecutive week of printing green. Source: SoSoValue Bitcoin price is down around 4% in the last 7 days, but still remains up by 7% over the 30-day time frame. BTC is trading at an average price of $114,594 at press time. Ethereum outperformed Bitcoin last month. ETH price jumped by 42% over the last 7 days, hovering around the $3,500 zone. Arthur Hayes, co-founder of Maelstrom, had warned over the weekend that Bitcoin and Ethereum were primed for a correction. Pointing to weak job creation, rising tariffs, and sluggish credit creation globally, Hayes argued that BTC could test $100,000 and ETH $3,000 before resuming any rally. “No major econ is creating enough credit fast enough to boost nominal GDP,” he stated in a X post. However, his longer-term forecast remains ultra-bullish, expecting BTC to…

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Filed under: News - @ August 4, 2025 11:28 am