The cryptocurrency market has witnessed heightened volatility, particularly in the case of Bitcoin. Following a sharp decline to $112,566 within the last 24 hours, Bitcoin has settled around $113,500. This dip is further compounded by a noticeable drop in ETF inflows, resulting in estimated financial losses exceeding half a billion dollars in just one day. Notably, Ethereum (ETH) has also faced outflows of $400 million, raising questions about current market dynamics. 812 million USD outflow from ETFs at the start of August marked the highest recorded outflow during that month. 2023’s volatility is attributed to investor anxieties surrounding rising inflation and potential tariff impacts.