While the Dow Jones Industrial Average set a new record high on Tuesday, fueled by strong earnings reports from companies like Coca-Cola and 3M, cryptocurrency markets experienced a downturn. Bitcoin fell by over $6,000 in just one day, dropping to around $108,000 after experiencing a significant surge overnight. The Ethereum Foundation transferred 160,000 ETH (worth approximately $654 million) to a previously used wallet and clarified that this was part of a planned migration, but the move did not significantly impact the price of ETH. A recent report indicated that net outflows from crypto spot ETFs have slowed down, potentially creating an opportunity for capital to flow into riskier assets like Bitcoin. Additionally, the market’s volatility is further influenced by the upcoming Consumer Price Index (CPI) release on Friday, which could provide insight into inflation and potentially impact future Federal Reserve decisions.