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The token fell as much as 2.3%, even as US spot funds posted their strongest weekly inflows since October.

A rally, nearly $1 billion in ETF inflows and a break above a key chart level have revived hopes of a market recovery.

The Connection Capital founder expects one more crypto rally, but warns that a stronger dollar could trigger a steep reversal later this year.

The investor says industry blockchain adoption may split across sectors, with transaction speed and customizable networks drawing attention.

The market maker’s rapidly changing derivatives exposure highlights both bearish pressure and the hedging demands behind crypto liquidity provision.

A hotter-than-forecast August CPI and PPI reading pushed Treasury yields to multi-decade highs, dragging bitcoin to a two-week low ahead of next week's Fed meeting.