Bitcoin set a fresh all-time high of about $124k on August 14, 2025, then cooled alongside broader risk assets as traders eye this week’s macro catalysts. Even with the pullback, crypto remains up strongly year-to-date, helped by record spot-ETF adoption and renewed fund inflows.
Price snapshot (live)
Stock market information for Bitcoin (BTC)
- Bitcoin is a crypto in the CRYPTO market.
- The price is 115099.0 USD currently with a change of -34.00 USD (-0.00%) from the previous close.
- The intraday high is 116997.0 USD and the intraday low is 114608.0 USD.
Stock market information for Ethereum (ETH)
- Ethereum is a crypto in the CRYPTO market.
- The price is 4245.78 USD currently with a change of -7.80 USD (-0.00%) from the previous close.
- The intraday high is 4385.73 USD and the intraday low is 4205.73 USD.
What moved prices
- New highs then consolidation: Bitcoin’s record on August 14 came on rising Fed-cut expectations and policy tailwinds; prices eased this week as markets turned cautious into Jackson Hole.
- Flows flipped back positive: Digital-asset ETPs saw net inflows of about $572m in the week to Aug 11 after early-week outflows, with analysts linking the swing to U.S. retirement-plan developments.
- ETF demand still a backbone: Daily spot-Bitcoin ETF flow trackers continue to show sizable, if choppy, activity; IBIT remains a key barometer for institutional demand.
Macro backdrop to watch
Markets are bracing for the Fed’s Jackson Hole messaging; a firmer dollar and “wait-and-see” risk tone can dampen crypto near-term, while dovish signals would likely support bids.
This week’s market recap
Momentum, then mean reversion
After topping out near $124k last week, majors retraced as traders took profits and reset expectations ahead of macro events. Several outlets flagged the consolidation and noted the broader risk-off wobble.
Flows and liquidity
CoinShares’ weekly read shows net inflows returning, even as summer volumes stay softer—consistent with a market climbing on institutional rails but pausing into data and policy headlines.
Sector color
Ether followed Bitcoin’s pattern—strong into last week’s highs, softer this week—with ETF participation and macro still the key drivers of direction.
What’s driving “up year-to-date”
- New ATHs confirm trend: Bitcoin’s fresh record high last week cemented the broader 2025 uptrend.
- Spot ETFs broaden access: U.S. and global spot-product growth channels institutional orders and retirement accounts into the asset class, underpinning bid depth even during pullbacks.
- Fund-flow support: Net inflows have re-emerged after a short profit-taking phase, signaling continued allocator interest.
Risks and scenarios
Near-term pullback risks
A hawkish Fed tone, a firmer dollar, or lighter summer liquidity could extend consolidation. Keep an eye on how BTC trades versus ETF flow prints and dollar strength.
Bullish continuation triggers
More positive ETF-flow days, supportive policy signals, or softer inflation data could re-ignite momentum toward last week’s highs. Flow dashboards and weekly fund-flow reports are your leading indicators.
A simple checklist for the week ahead
- Monitor spot-ETF daily flows and CoinShares’ Monday flow note.
- Watch Powell/Jackson Hole headlines and the dollar index tone.
- Map key levels: prior ATH near $124k as resistance; round-number and ETF-inflow pivots as support zones.
FAQs
Why did prices slip after hitting new records?
Typical post-high consolidation plus macro event risk (Fed/Jackson Hole) and profit-taking. The structural bid from ETFs and net inflows remains in focus.
Are ETFs still bringing in money?
Yes—flows are choppy day to day but have turned net positive again on a weekly basis, and trackers show sizable activity in flagship products.
