Bitcoin and Ether Retreat: Late August saw notable profit-taking in crypto markets. Bitcoin tumbled to about $108,400 – its lowest level since early July – after soaring to a record $124,000 on Aug. 13 cryptonews.com. This ~10% pullback from the all-time high extended BTC’s weekly losses to nearly 8% coindesk.com, a comedown partly attributed to the old adage of “buy the rumor, sell the news” around major crypto events. Ether followed suit, dipping under a key bullish trendline as it fell below ~$4,400 coindesk.com. The risk-off sentiment was broad, hitting large-cap altcoins as well – e.g. Stellar sank 8% amid institutional outflows coindesk.com and Dogecoin slid ~5% as technicals signaled a downtrend coindesk.com.