Bitcoin fell below $113,000, pulling the crypto market down 1.5% to $3.9t as profit-taking deepened ahead of Powell’s Jackson ...

The mood has soured quickly after a string of record highs, with traders forced to reckon with the macro backdrop once again.

BTC is down 2.5% and trading around $113,500 as the crypto market bleeds ahead of Powell's Jackson Hole speech on Friday.