Bitcoin tumbles nearly 8% in one week to $113K, Ethereum up by 3% in 1 day. Here is what experts say

Bitcoin traded at $113,775, down 8% weekly after touching a $124,000 high last week; Ethereum rose 3% to $4,299.

Analysts see BTC support near $112K with resistance at $116.7K–$118.2K; Powell’s speech and US data remain key triggers.

BTC ETFs witnessed heavy outflows ($520m Tuesday, $95.9m Wednesday), signaling cautious institutional sentiment.

Altcoins including ETH, BNB, Solana, Cardano gained ~4%, while OKB spiked 53%; crypto market cap stood at $3.87 tn.