Macro is doing the heavy lifting on the downside today: the Nasdaq fell 2.50% and S&P dropped 1.11% while BTC shed less than 1%, and that relative resilience combined with a 5.92% mining difficulty jump and a 1,006 EH/s hash rate signals the network itself is healthier than the price chart suggests.

Summary

BTC sits at $81,485, down 0.98% over 24 hours and 1.31% on the week. That looks bad until you put it next to the Nasdaq's 2.50% single-day drop and MicroStrategy's 9.56% shellacking. Alts are taking it worse: XRP is off 6.47% on the week, SOL down 4.43%, DOGE down 5.91%. Fear & Greed is 55, technically 'Greed', which is somewhat disconnected from the tape and worth treating with skepticism. Yesterday's regime was Mixed with deteriorating conviction; today conviction is similarly split, but the macro headwind is sharper and the miner data is quietly the most constructive print in the whole payload.

Market Pulse

BTC dominance at 59.34% tells you capital is sheltering in the largest name while alts bleed out. Funding on Hyperliquid is a thin +0.0013%, so longs aren't crowded enough to trigger a cascade, but the long/short ratio of 1.13 (model estimate) means there's more pain available if spot drifts toward $80K. A Nasdaq stabilization is the cleanest catalyst to watch; without it, crypto's relative strength today is more 'least bad' than 'genuinely bid'.