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Here’s the latest on Bitcoin (BTC):
Bitcoin (BTC)
$114,257.00
$BTC
Bitcoin is currently trading around $114,257 USD, with a slight decline of approximately ‑0.25% from the previous close
.
Extensive sources such as #CoinMarketCap #Investing.com , and #coin desk confirm this mid‑$114K pricing range over the past 24 hours.
🌍 What’s Driving BTC Price Today?
The price has remained relatively flat around $114K, weighed down by economic uncertainty, particularly concerns about U.S. trade tariffs and slowing growth, which has kept investors cautious toward risk-on assets.
Meanwhile, Ethereum and other altcoins are outperforming Bitcoin, with Ether notably rising over 3% due to renewed buying momentum.
🧾 Recent Developments & Market Context
MicroStrategy (now “Strategy”) announced a major BTC purchase—about 21,021 coins for $2.46 billion (~$117,256 each) from July 28 to August 3. That pushes its total holdings to roughly 628,791 BTC, valued at over $72.5 billion, helping boost its stock price 4.8% on the day of the disclosure.
In late July, Galaxy Digital completed a $9 billion sale of 80,000 BTC from an early investor, yet the crypto market absorbed the transaction smoothly, illustrating growing institutional maturity with minimal price disruption.
🔍 What Analysts Are Watching
Technical setups like the “Power of 3” pattern suggest BTC could rally toward $116K–$120K, with $126K as a potential target if momentum accelerates.
Others warn of future volatility—some projections estimate BTC could even reach $300K before a possible correction of up to 76%—but such scenarios are expected perhaps into 2026, not imminently
mitrade.com
| Metric |Value
| Spot price | \~\$114,250 USD
| 24‑hour change | \~‑0.2% to ‑0.3%
| Market context | Range-bound amid macro
uncertainty
| Key technical levels | Resistance: \$115K–\$116K; Target: \$120K+
Bitcoin (BTC)
$114,257.00
$BTC
Bitcoin is currently trading around $114,257 USD, with a slight decline of approximately ‑0.25% from the previous close
.
Extensive sources such as #CoinMarketCap #Investing.com , and #coin desk confirm this mid‑$114K pricing range over the past 24 hours.
🌍 What’s Driving BTC Price Today?
The price has remained relatively flat around $114K, weighed down by economic uncertainty, particularly concerns about U.S. trade tariffs and slowing growth, which has kept investors cautious toward risk-on assets.
Meanwhile, Ethereum and other altcoins are outperforming Bitcoin, with Ether notably rising over 3% due to renewed buying momentum.
🧾 Recent Developments & Market Context
MicroStrategy (now “Strategy”) announced a major BTC purchase—about 21,021 coins for $2.46 billion (~$117,256 each) from July 28 to August 3. That pushes its total holdings to roughly 628,791 BTC, valued at over $72.5 billion, helping boost its stock price 4.8% on the day of the disclosure.
In late July, Galaxy Digital completed a $9 billion sale of 80,000 BTC from an early investor, yet the crypto market absorbed the transaction smoothly, illustrating growing institutional maturity with minimal price disruption.
🔍 What Analysts Are Watching
Technical setups like the “Power of 3” pattern suggest BTC could rally toward $116K–$120K, with $126K as a potential target if momentum accelerates.
Others warn of future volatility—some projections estimate BTC could even reach $300K before a possible correction of up to 76%—but such scenarios are expected perhaps into 2026, not imminently
mitrade.com
| Metric |Value
| Spot price | \~\$114,250 USD
| 24‑hour change | \~‑0.2% to ‑0.3%
| Market context | Range-bound amid macro
uncertainty
| Key technical levels | Resistance: \$115K–\$116K; Target: \$120K+
#Investing.com $BTC
Investing.com — Bitcoin surged above $93,000 on Wednesday, recovering after a sharp drop on Monday to around $84,000, as investors regained optimism thanks to positive changes in regulation in the US and rising hopes for an imminent interest rate cut.
The world's largest cryptocurrency was last trading at 7.2% higher, at a price of $93,101.6 as of 07:19 MSK.
The recovery came after a tough start to the week when bitcoin briefly fell below $85,000, marking a decline of about 33% from record highs in early October above $126,000.
Investing.com — Bitcoin surged above $93,000 on Wednesday, recovering after a sharp drop on Monday to around $84,000, as investors regained optimism thanks to positive changes in regulation in the US and rising hopes for an imminent interest rate cut.
The world's largest cryptocurrency was last trading at 7.2% higher, at a price of $93,101.6 as of 07:19 MSK.
The recovery came after a tough start to the week when bitcoin briefly fell below $85,000, marking a decline of about 33% from record highs in early October above $126,000.
Ripple's $5 Billion Offer for Stablecoin Issuer Circle Rejected - Bloomberg
#Investing.com $XRP
Payment company #blockchain #Ripple has made an offer to acquire Circle, a stablecoin issuer, valued between $4 billion and $5 billion, according to Bloomberg. However, #Circle reportedly rejected the offer as it was deemed too low.
Ripple has yet to decide whether to make another offer to acquire the stablecoin issuer. This event comes less than a month after Circle filed for an initial public offering (IPO) in the United States. Details of this IPO, including the date and proposed price range, have not been disclosed.
Payment company #blockchain #Ripple has made an offer to acquire Circle, a stablecoin issuer, valued between $4 billion and $5 billion, according to Bloomberg. However, #Circle reportedly rejected the offer as it was deemed too low.
Ripple has yet to decide whether to make another offer to acquire the stablecoin issuer. This event comes less than a month after Circle filed for an initial public offering (IPO) in the United States. Details of this IPO, including the date and proposed price range, have not been disclosed.
Don't be swayed by fake news! A decade of crypto market rumors
The crypto market is never short of "the boy who cried wolf" stories—every once in a while, rumors erupt like a virus, sending the price of a cryptocurrency soaring and plunging.
Recently, First Squawk, a major international financial news outlet, broke the news on social media: "China has completely banned cryptocurrency trading, mining, and related services," triggering a wave of panic selling. This "breaking news" was quickly retweeted by accounts with millions of followers, such as #Investing.com and Rawsalerts. Unfortunately, it was later discovered that the news was completely untrue! #比特币流动性危机
Old-timers have long been tired of fake news about China's "ban," but once enough people believe it, it can quickly sway market sentiment and distort price trends. Today, we'll review the biggest fake news stories that have shifted the market over the past decade, exploring how the industry evolved from "unconventional" to "professional," and the evolving tactics behind them.
Recently, First Squawk, a major international financial news outlet, broke the news on social media: "China has completely banned cryptocurrency trading, mining, and related services," triggering a wave of panic selling. This "breaking news" was quickly retweeted by accounts with millions of followers, such as #Investing.com and Rawsalerts. Unfortunately, it was later discovered that the news was completely untrue! #比特币流动性危机
Old-timers have long been tired of fake news about China's "ban," but once enough people believe it, it can quickly sway market sentiment and distort price trends. Today, we'll review the biggest fake news stories that have shifted the market over the past decade, exploring how the industry evolved from "unconventional" to "professional," and the evolving tactics behind them.
#Urgent: A bloody collapse hits the digital currency market
#Investing.com -$BTC $ETH $SOL Global cryptocurrency markets have been rocked in the past 24 hours, adding to the jitters investors have not recovered from after the collapse caused by the DeepSeek AI platform and the Bank of Japan’s decision to raise interest rates last week. According to the figures, Bitcoin’s price has fallen by 6% and Ethereum’s by 8% in just one week.
Bitcoin is Dead, Get Ready for a Rally to $166k
Indeed, based on the Bitcoin Fear and Greed Index, which has been at Fear to Extreme Fear levels for nearly a month, one would assume that Bitcoin (BTCUSD) is dead. More on that later, as for now, Bitcoin is down "only" ~30% from its all-time high at last week’s low. Furthermore, in the previous update, we observed that BTC is currently trading at the same level as then. See Figure 1 below.
#presidentrump
▶️President Donald Trump ordered for Federal Reserve Governor Lisa Cook to "resign, on Wednesday, after Bloomberg report about a potential mortgage fraud investigation
▶️Sooner after that a letter from Federal Housing Finance Agency Director Bill Pulte urging an investigation into Cook over two mortgages.
#investing.com
#FollowYourBrotherForMore
#bloomburg
#FedNews
▶️President Donald Trump ordered for Federal Reserve Governor Lisa Cook to "resign, on Wednesday, after Bloomberg report about a potential mortgage fraud investigation
▶️Sooner after that a letter from Federal Housing Finance Agency Director Bill Pulte urging an investigation into Cook over two mortgages.
#investing.com
#FollowYourBrotherForMore
#bloomburg
#FedNews
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