Bitcoin slipped 0.6% to about $63,686 on Aug. 11, dropping back below $64,000 as the total crypto market cap fell 0.5% to $2.26 trillion.
Rising oil prices and concern over tomorrow's U.S. inflation data drove the pullback, with traders fearing prolonged Strait of Hormuz disruptions could fuel inflation and keep pressure on risk assets.
Ethereum bucked the broader weakness, rising 0.4% to about $1,882, while Solana fell 0.3% to roughly $76.10.
A separate support for sentiment came from crypto ETFs, where the recent $130 million Coldcard hack has pushed some investors toward custodian-backed products instead of self-storage.
Regulation remains a bigger overhang: the Clarity Act is stalled after Congress's summer break, leaving investors focused on this week's SEC meeting for any alternative framework.