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The Week That Was

Executive Summary

The Bitcoin market is currently characterized by a tension between short-term macroeconomic headwinds and a profoundly strengthening long-term structural outlook. Immediate price action has been negative, driven by a hawkish U.S. Federal Reserve, new U.S. trade tariffs, and a disappointing July jobs report, leading to significant liquidations and a “risk-off” sentiment. Bitcoin's price has fallen for five consecutive days, marking its longest losing streak since March 2025, and is testing critical support levels between $110,000 and $115,000.

However, beneath this short-term…

The skinny

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