BTC Stalls at $113K: ETFs Flee as ETH, XRP, SOL Suffer! 💸

Bitcoin, that elusive specter, faltered once more, unable to breach the elusive $115,000 threshold, its spirit waning in the face of the market’s cold embrace. 🌀

The crypto realm, a fragile ballet, added a mere 1% to its $3.86 trillion capitalization, a fleeting dance of hope amidst the shadows. 🕊️

“The tech sector, that fickle lover, clings to its woes, casting a pall over crypto’s dreams,” mused Alex Kuptsikevich, a prophet of the markets. “Bitcoin’s failed ascent? A mirror to the world’s despair.” 😅

ETFs, those harbingers of caution, bled $523 million on August 19, $311 million on Wednesday, and $192 million on Thursday. Ether’s ETFs? A deluge of $500 million in tears. 🧠

The outflows reversed the week’s inflows, a pendulum swinging between greed and fear. Kronos Research, ever the poet, blamed the “profit-taking and liquidations” of August’s peak. 🕰️

Sentiment, that mercurial creature, shuddered at the SEC’s shadow. Alt5 Sigma’s $1.5 billion deal with Trump’s World Liberty Financial? A scandal wrapped in a mystery. 🤯

Ethereum’s on-chain metrics, once vibrant, now languish-active addresses down 28% since July 30. A ghost of its former self. 🕯️

ETH, at $4,289, clings to a 0.4% rise, yet lags 7% behind its zenith. Analysts whisper of “softer retail participation,” a phrase as hollow as a hollowed-out promise. 🧨

XRP and Solana, too, waver, their prices aching under the weight of 6% declines. “A dovish Fed pivot?” Traders sigh, “a flicker of hope in a storm.” 🌪️

Derivatives markets, ever the sycophants, now crave downside protection, their 30-day delta skew soaring to 12%-a four-month high. 🧠

“Bitcoin’s woes? A product of macroeconomic tempests,” says Ruslan Lienkha, a man of few words and many warnings. “No crypto-native demons, just the world’s chaos.” 🌍

“Equity markets, that weary giant, press down on Bitcoin’s shoulders,” he adds, “a risk-off sentiment seeping into every corner.” 🤷‍♂️

Lienkha, that enigma, ponders if this is a “short-term hedge” or a “deeper turn.” The market, ever the riddle, remains silent. 🧩

Yet, amid the gloom, whispers of pension plans and $200K peaks linger. “Autumn’s inflows?” A spark in the dark. 🔥

For now, the world watches Powell’s Jackson Hole speech, a oracle of fate. A dovish word? A sigh of relief. A stubborn stance? The slide continues. 🧭

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2025-08-22 10:00