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William Richardson
BTC & ETH ARE COOLING OFF, NOT COLLAPSING
$BTC and $ETH are under pressure as the market turns defensive. Rising U.S. Treasury yields, higher oil prices, and growing expectations of a September Fed rate hike are weakening risk appetite.
Profit-taking after the late-August rally is adding pressure. $BTC is around $77K, while $ETH trades near $2.4K. However, ETF flows remain supportive, suggesting this may be a period of correction and repricing rather than a full market collapse.
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