Bitcoin is dipping again but the long-term picture hasn’t changed.
Another hiccup for risk assets is weighing on price. But over the last 12 months, Bitcoin’s performance remains an outlier.
This isn’t a one-off. For two years now, Bitcoin has been a consistent leader.
So maybe it’s not worth panicking over a move that looks more sentiment-driven than based on fundamentals.

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BitMEX co-founder Arthur Hayes has forecasted a sharp downturn for the crypto market, predicting that Bitcoin could fall to $100,000 and Ethereum to $3,000.
His warning follows a combination of macroe...

Will Bitcoin Fall to $100,000? Arthur Hayes Thinks So

The U.S. non-farm employment data released on Friday triggered market concerns about an economic recession. The May figure was revised from 144,000 to 19,000, and the June figure was revised from 147,000 to 14,000. These unusual downward revisions put pressure on both stocks and currencies.

<BTC> dropped below $112,000 this morning, reaching a low of $111,903 around 8:30, and has temporarily rebounded to $113,430 at the time of writing, with a decline of 0.45% in the past 24 hours.

[Xnip2025-08-0...

Bitcoin ETF recorded its largest net outflow in six months, with BTC falling below $112,000 and Ethereum falling below $3,400.

Ethereum is certainly not in danger as multiple support levels can help carry it through correction

10 Ethereum Price Levels: Why Price is Safe

Also worth noting: it’s not just Bitcoin.
Gold has also consistently outperformed over longer time horizons.
When two hard assets with very different profiles both lead over time, it tells you something about what investors value in this environment.
Follow @ecoinometrics for more data-driven insights on Bitcoin and macro.