3️⃣ Bad Price Action Despite Good Data
Crypto bulls were puzzled this week as Bitcoin and Ethereum nose-dived despite positive inflation data that sent TradFi markets soaring.

This unexpected drop follows a summer filled with fearful selloffs, leaving many to wonder if there's a hidden force at play — potentially the Mt. Gox redistribution or the U.S. Government’s transfer of seized Bitcoin to exchanges. With institutional adoption of Bitcoin growing and a Federal Reserve easing cycle near guaranteed for September, the lack of positive price movement is puzzling, continuing to defy expectations of what is bullish.