Crypto market cools in August after ETF-driven summer rally
Description
The crypto market is cooling down in August after two straight months of bullish action driven by institutional money. ETF inflows into both bitcoin and ether dominated headlines in June and July, but that trend is now facing pressure from new economic fears. According to CNBC, weak U.S. labor numbers and aggressive tariffs rolled out by President Donald Trump, ranging between 10% and 41%, have triggered broader market jitters. The result is a pullback in stocks, a spike in bond demand, and grow...
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