BTC Digital is trading at $1.17, down 5.65% after a sharp regular-session decline and continued weakness across crypto-related equities.
- Bitcoin is down 3.90% over 24 hours, while Ethereum has fallen 6.02% and Solana 6.09%, creating significant sector pressure.
- Broader risk sentiment is cautious as Treasury yields reached 5.02% and investors positioned ahead of the Federal Reserveβs September 16 policy announcement.
- A new approximately 3 MW cooperation memorandum was announced but does not explain the decline.