Cryptocurrency markets experienced a downturn following recent peaks, with Bitcoin (BTC) falling to $113,234, down 2.78%, and Ethereum (ETH) declining to $4,108, losing 5.44%. Traders capitalized on the gains from previous surges, leading to market fluctuations. Both cryptocurrencies faced pressure from leveraged liquidations following Bitcoin’s peak in early August. Experts note that markets are currently in a holding pattern, with key liquidity levels around $4,200 for ETH. Spot Bitcoin ETFs saw reduced inflows after reaching record highs in July, while Ethereum ETFs experienced notable outflows. 3, Attention now shifts to Wednesday’s FOMC minutes and Fed Chair Jerome Powell’s Jackson Hole address. Analysts warn that the potential for contradictory signals could lead to sharp corrections. However, positive rhetoric from the Federal Reserve may fuel further rallies.