Bitcoin
Affairs
 
No. 088  ·  23 Aug 2026
 
MARKET SNAPSHOT
BTC / USD
$77,477 		  24H CHANGE
+0.6%
 
ALL-TIME HIGH
$124,749 		  FROM ATH
-37.9%
◎
 NEWS
3 STORIES TODAY
Spot Bitcoin ETF inflows hit their strongest week since last October
U.S. spot bitcoin ETFs pulled in $1.9 billion last week, their strongest weekly haul since October 2025, while spot ether ETFs added another $697.2 million. Combined trading volume more than tripled to $29 billion, a sign that fresh institutional demand is now reinforcing Bitcoin’s rally instead of just chasing it.
ETF  Macro
Iran war supply strains keep oil elevated and inflation risk alive
Oil prices were little changed on the day but stayed on track for a second straight weekly gain as the stalled U.S.-Iran war continued to disrupt supply from key Middle East producers. For Bitcoin markets, that matters because firmer energy prices keep inflation pressure and long-end rate anxiety in play even as risk assets rebound.
Macro  Geopolitics  Rates
Tehran threatens neighbors as Hormuz workarounds underscore renewed energy-route fragility
Iran’s new top security adviser warned neighboring states against joining fresh U.S. economic pressure, while regional powers explored ways to bypass the Strait of Hormuz. The episode keeps sanctions escalation, shipping disruption, and energy-route security at the center of the macro backdrop Bitcoin traders are watching.
Geopolitics  Macro
≡
 COMMENTARY
VOICE FROM THE NETWORK
CoinAnk
@CoinAnk
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$BTC has formed a polarized liquidation zone around $76,240, with the peak size of short liquidations above significantly suppressing the lower side.

Short Liquidation Risk:
The concentrated area is between $77,480 and $78,000, with a single liquidation peak exceeding $1.20 B.
The cumulative short liquidation leverage curve shows a sharp upward trend.

Long Liquidation Risk:
The concentrated area is between $75,000 and $75,660, with a local peak of approximately $600 M.
The overall long liquidation scale is far lower than the concentrated liquidation zone above.

An extremely large amount of short leveraged positions has accumulated on the right side; an upward break above $77,000 could easily trigger a large-scale short squeeze and a chain of liquidations.
 
 
 
 
10 reposts    25 replies    43 likes
Coin Signals
@CoinSignals_
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#Bitcoin hasn’t even touched its Realized Price yet.

For those unfamiliar, Bitcoin’s Realized Price is essentially the average cost basis of all circulating BTC.

Historically, breaking below the Realized Price has been a major capitulation event forcing most of holders to exit.

4/4 so far. Almost a 100% hit rate.

The bottom isn’t in yet. Rektober is coming...

This pump looks more like a short squeeze, a move designed to grab attention, pull in liquidity, and get people bullish on crypto again.
 
 
 
 
20 reposts    30 replies    157 likes
The Journey Man
@JM_speakss
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You watched Bitcoin pump for a few days and immediately said:

“This time is different.”

The four most expensive words in investing.

Shorts got blown tf out and now you’re convinced the bear market is over.

One hawkish Fed meeting and a CLARITY Act sell the news event…and you could be staring at $58K in September wondering how tf you got trapped again.

What if the 4 year cycle has one final middle finger left?

You think the Bull market is confirmed or is this a bull trap?
 
 
 
6 reposts    86 replies    115 likes
Bitfinex
@bitfinex
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$BTC is up over 20% in a week, and the funding rate has already cooled off.

A leverage-built rally generally keeps funding high and pins it there.

This one spiked once on the breakout, then fell back to baseline fast.

That is a sign of real buying rather than crowded longs. https://t.co/ZXQGmAYMAX
 
 
 
 
16 reposts    12 replies    235 likes
Mister Crypto
@misterrcrypto
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Bitcoin history may be repeating again.

June 2022 bottom → August rally: +43%
June 2026 bottom → August rally: +37%

In 2022, everyone thought the bottom was in after the relief rally.

Then Bitcoin fell to $16,000 and made the real bottom.

If history rhymes again, one final flush could still be coming.
 
 
 
 
4 reposts    9 replies    61 likes