Bitcoin at a Crossroads as Exchange-Traded Funds (ETFs) and Treasury Strategies Reshape the Market
The cryptocurrency market entered August in a consolidation phase, with Bitcoin holding support between $63,300 and $64,200. Despite cautious investor sentiment and macroeconomic uncertainty ahead of U.S. CPI data, spot ETF inflows remain resilient. Key developments across corporate treasury management, regulatory tax updates, and institutional staking position digital assets at a critical market inflection point.