Following a strong July, crypto markets dipped on Friday, Aug. 1, as U.S. tariff developments and disappointing jobs data dampened investor sentiment.

Bitcoin (BTC) slipped below $115,000 today, after hitting a mid-July peak and recording a new all-time high of about $122,800. The top cryptocurrency is consolidating between $114,000 and $116,000 today as momentum from its rally this month fades and ETF inflows cool amid macro uncertainty.

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