Bitcoin held around $78,623 on Monday, down just 0.7% on the day but set to close August up more than 24%—its strongest month since 2017—despite a difficult macro backdrop.
Fresh U.S. strikes on Iran over the weekend sent oil higher and pushed stocks lower, with the S&P 500 off 0.5% and the Nasdaq down 0.4%.
Fed Chair Kevin Warsh's hawkish Jackson Hole remarks lifted September rate-hike odds to ~58%; with Bitcoin's rally stalling and spot ETFs snapping a nine-day inflow streak as Ethereum funds kept drawing cash.