BTC steadied around $87,500 after BTC ETFs posted inflows of $129 million with flows becoming supportive but not yet decisive.
ETH and SOL also posted inflows of $79 million and $58 million each, signalling selective rotation into liquid altcoins rather than broad risk-on.
On-chain stress remains elevated with roughly one third of BTC supply still underwater, but long-term holders and institutions continue selective accumulation.
Macro prints are mixed; PPI met expectations, leaving the Fed path ambiguous and keeping two-way volatility intact.
Range to watch: $84,000–$90,000 for accumulation; reclaim above $92,000 would confirm tactical recovery.
BIP-110’s forced activation path and a parallel fork threaten to turn a technical dispute into a live chain-split risk just as Bitcoin searches for a price floor.
The exchange that invented the 100x perpetual swap says the closure follows a strategic review rather than financial trouble or regulatory pressure, and will unwind positions on a fixed schedule starting August 26.
Chairman Park Hyeon-joo framed the newly acquired exchange as the foundation for a broader tokenization and stablecoin platform, not a standalone trading venue, days after Mirae Asset pushed its stake in the exchange to 97%.
The expansion starts with Hong Kong-listed equities and will extend to the UK, Europe and South Korea, using GTN's 90-market brokerage infrastructure to move xStocks beyond its US-stocks-only starting point.
