Bitcoin Keeps Weak by U.S. Economic Slowdown Concerns

BTC Continues Low-Buy Inflow Pattern After Decline
Altcoin Continues Lower Intraday As BTC Drops
Expert "Be Aware of Volatility as Futures Market Overheats"

The cryptocurrency market, including Bitcoin(BTC), continued to remain weak on Aug. 6 due to concerns over an economic slowdown from the U.S. and the disappearance of the market itself.

The cryptocurrency market began to decline with disappointing results from major U.S. economic statements. Bitcoin, which had fallen due to the announcement of major U.S. economic indicators, rebounded on low-priced buying, but fell weak as good news to lead the market to rise disappeared.

Altcoins also fell slightly along Bitcoin, including Bitcoin remaining at $114,000. Major altcoins such as XRP and Solana recorded a decline of about 3%.

◇Bitcoin = Bitcoin price is $114,265 at 4:30 p.m. on Aug. 4, 2025. The Bitcoin share(dominance) was 61.78%.

The long(up) and short(down) betting ratios in the Bitcoin futures market stood at 59.07% and 40.93%, according to the on-chain analytics platform Sigbtc.

An analysis has been raised that the market may experience great volatility based on a surge in trading volume in the futures market.

Yarmaton CryptoQuant, an analyst, said on his X account that the July futures volume of Binance, the world's largest exchange, reached about $2.55 trillion and reached a six-month high, exposing the market to large volatility.

"The price of bitcoin and altcoins has soared over the past month, leading to a surge in futures trading," Marton said, adding that the market is flowing into overheated speculation. He continued, "The market capitalization of the cryptocurrency market has fallen since hitting a high at the end of July and the trading volume of futures is a sign to be noted."

◇Upward Coin = The cryptocurrency that recorded the largest increase from the previous trading day at 4:30 p.m. on Aug. 6 was Mantra(OM), up about 5% on the day alone.

The mantra was a native token of the layer 1 project mantra specializing in asset tokenization(RWA) and was a huge hit based on the community.

◇Fear Greed Index = The digital asset fear-greed index provided by Alternative has entered the 'neutral' stage with 54 points. The neutral stage is a section in which the psychological resistance and support of market participants appear, and important decision-making actions appear in future price movements.

The cryptocurrency relative strength index(RSI) provided by Sigbit was 48.7, which was in a 'neutral' state. RSI sets the relative strength between the upward and downward pressure of a particular asset price and is an indicator of a measure of over-purchasing and over-selling of a particular asset.

권승원 기자 ksw@blockstreet.co.kr