• BTCUSD trading near $62,934, down ~2.8% in 24h. Liquidity slowing and short-term uncertainty. August has shown seasonal weakness in some past cycles. BTC sits well above historical cycle averages.
  • Coldcard hack spurred surge in small BTC transfers under 1 BTC, hitting 39,600 BTC moved in one day—the largest daily volume for small transfers since Nov 2022 for BTCUSD spot CFD traders.
  • Trump Media sold 2,628 BTC, totaling 7,281 BTC sold from 11,542. Sale ~ $165M. About 4,261 BTC remain pledged as collateral; firm reported large realized and unrealized Bitcoin losses.