Bitcoin News Today TheBitTimes.com

The crypto market crash seems to be deepening. CoinGecko data shows that Bitcoin’s (BTC) price has fallen to the $107,000 price level, and the global market cap has dipped 4.4% in the last 24 hours to $3.72 trillion. BTC is barely holding on to the $107k price point. The original cryptocurrency’s trajectory will determine where the larger market goes. CoinGecko highlights that BTC’s price has fallen 3.9% in the last 24 hours, 11.7% in the last week, 10.9% in the 14-day charts, and 7.9% over the previous month. Let’s discuss if Bitcoin’s (BTC) price faces a threat of falling below the $100,000 price level. Source: CoinGecko Will the Market Crash Pull Bitcoin Below $100,000? The latest market crash has been one of the most significant corrections in crypto history. The dip was likely triggered by trade disputes between the US and China. While there was a slight recovery, the rally did not last. According to CoinGlass data, the crypto market has seen more than...

The value of Strategy’s Bitcoin holdings has exceeded the market caps of multiple major global banks as well as the gross domestic product (GDP) of some nations after BTC returned to above $120K. Bitcoin’s price rose over 1% in the past 24 hours to trade at $120,050.92 as of 2:27 a.m. EST, data from CoinMarketCap shows. The leading crypto was able to soar to a 24-hour high of $121,086.41, but has since retraced to trade at its current level. Despite the recent pullback, BTC is now up more than 9% over the past week. Value Of Strategy’s Bitcoin Holdings Hits New Record Strategy, led by Bitcoin maxi Michael Saylor, is the largest corporate holder of BTC globally. The firm started its accumulation of the largest crypto by market cap back in August of 2020, and has since continued to add to its reserves. Data from Bitcoin Treasuries shows that the firm holds 640,031 BTC on its balance sheet.  Top ten largest corporate BTC holders (Source: Bitcoin Treasurie...

A widely followed crypto analyst is suddenly flipping bearish on one red-hot Solana (SOL)-based memecoin. In a new thread, pseudonymous crypto trader Altcoin Sherpa tells his 254,900 followers on X that Pump.Fun (PUMP) may plummet by more than 8% from its current value based on Fibonacci retracement levels, a technical Analysis method used to determine an asset’s support and resistance levels. “PUMP is a great coin, but I’m bearish in the short term. I’m very interested in buying $0.0065 though. Have loads of alerts there.” Source: Altcoin Sherpa/X PUMP is trading at $0.0071 at time of writing, up 173% from its low of $0.0026 on August 28th. The 64th-ranked cryptocurrency by market capitalization is down approximately 11% over the past 24 hours. Next up, the analyst says that he remains bullish on Bitcoin (BTC) and other digital assets despite near-term price volatility. “BTC: choppy price action, slowly pulling back now. Fr...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Binance founder Changpeng Zhao (CZ) recently spoke at the Bitcoin Conference in Hong Kong. During his talk, CZ said that he believes Bitcoin (BTC) will become the global reserve currency, thereby replacing the US dollar (USD). CZ also spoke about Bitcoin’s role as the “gold” of the crypto ecosystem. However, the crypto billionaire highlighted BTC’s technical limitations. The network can only handle seven transactions per second at the moment. CZ has an extremely bullish outlook on Bitcoin (BTC). In an interview with Rug Radio, he said Bitcoin (BTC) could go between $500,000 and $1 million in this cycle. This forecast comes without BTC’s need to replace the US dollar. How Likely Is Bitcoin To Replace The US Dollar (USD)? Source: Canva CZ is not the only one who thinks that the US dollar’s position as the global reserve currency is under threat. BlackRock CEO Larry Fink also believes that the US dollar’s dominance will not last forever. Fink cites...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

BlackRock’s Bitcoin holdings have reached some pretty crazy levels, and right now the world’s largest asset manager is sitting on over 662,500 BTC through its iShares Bitcoin Trust (IBIT). This is more than 3% of all the Bitcoin that exists, worth around $72.4 billion at current prices. This huge institutional Bitcoin accumulation is changing how we think about crypto investment strategies, and it’s also messing with Bitcoin price volatility in ways nobody really expected. BlackRock Bitcoin accumulation over time – Source: Bitbo.io You can see from the chart how they’ve been steadily buying up Bitcoin since IBIT launched back in January 2024. The growth has been pretty wild. How BlackRock Bitcoin Holdings Affect Price, Volatility, And Investments Source: Watcher.Guru How Fast This All Happened So here’s the thing – these BlackRock Bitcoin holdings managed to do something that took SPDR Gold Shares over 1,600 trading days to pull off, except they...

Ethereum’s (ETH) recent rally has cooled, with the asset slipping below the $4,500 mark.  However, the Ethereum Rainbow Chart suggests that higher levels could still be in play by the end of the month for the cryptocurrency. The chart, which applies logarithmic growth curves to long-term valuation bands, categorizes Ethereum’s price into colored ranges. Notably, the model doesn’t predict short-term moves but helps investors gauge whether the asset is undervalued or overheated. Ethereum Rainbow Chart. Source: BlockhainCenter For August 31, 2025, the chart outlines nine possible valuation zones. At the bottom, the ‘Fire Sale’ band spans $899 to $1,217, followed by ‘Undervalued’ ($1,217–$1,680), ‘Accumulate’ ($1,680–$2,359), and ‘Still Cheap’ ($2,359–$3,355). The ‘Steady’ band, often viewed as fair value, ranges from $3,355–$4,832, close to Ethereum’s current trading level. Above that, ‘HODL!’ covers $4,832–$7,015, ‘Is this The Flippening?’ spans $...

Strategy co-founder and executive chairman Michael Saylor’s relentless Bitcoin accumulation strategy is paying off on a historic scale. As of August 12, with Bitcoin trading at $118,567, Saylor’s stash of 628,946 BTC is now worth approximately $76.16 billion, according to wallet tracking data. With a total investment of $46.1 billion, Strategy sits on $30.06 billion in unrealized profit a 65% paper gain. Michael Saylor's STRATEGY has over $30 BILLION in unrealized Bitcoin profits pic.twitter.com/z0rNxQrJRi — Bitcoin Archive (@BTC_Archive) August 11, 2025 Strategy adds 155 BTC The latest boost follows Strategy’s recent purchase of 155 BTC for roughly $18 million, a move that underscores Saylor’s unwavering belief in Bitcoin as “digital gold” and the ultimate treasury reserve asset. Since adopting its Bitcoin-first balance sheet strategy in 2020, the company has continued to accumulate coins through both bull and bear markets, positioning itself as ...

Bitcoin is once again grabbing mainstream attention as it’s ready to explore a new ATH altogether. The token is currently sitting at $114K, with analysts predicting explosive growth for the token. Can Bitcoin price truly hit the bar after gracefully breaching $120K, ultimately exploring the $135K mark? One analyst boldly thinks so. Also Read: AI Predicts Price Of Bitcoin, ETH If Trump’s Select A New Fed Chair Analyst On Bitcoin: $135K Could Be A Next Crowning Target For BTC Source: Watcher.Guru Bitcoin is currently sitting at $114K, moving steadily towards a new high. Per Javon Marks, a notable crypto expert, BTC may aim for them for the longer haul, as Bitcoin price is now aiming for a spectacular new high, building support at current levels to hit $135K soon. “Bitcoin’s prices could be BUILDING SUPPORT here after recently breaking above a key resistance area, and next up could be a HUGE climb above the $135,000 level! Prices may only be getting ready to send here…” Bitcoin...

BitMEX co-founder Arthur Hayes is unloading his altcoin positions, believing that the crypto market will witness a correction this month. In a new post on the social media platform X, blockchain tracking firm Lookonchain spotted Hayes selling millions of dollars worth of Ethereum (ETH) as well as the memecoin Pepe (PEPE) and the stablecoin-focused project Ethena (ENA). “Arthur Hayes sold 2,373 ETH ($8.32 million), 7.76M ENA ($4.62 million) and 38.86 billion PEPE( $414,700)…” The crypto veteran says he’s selling his altcoins because he believes that Q3 will be a period of sluggish economic growth. Hayes believes monetary policies are not loose enough to stimulate the economy, especially with Trump’s tariffs on the horizon. According to Hayes, macroconditions are ripe to trigger significant retracements for Bitcoin (BTC) and Ethereum. “Why? US Tariff bill coming due in 3Q … at least the market believes that after NFP (non-farm ...

US President Donald Trump took to Truth Social and stated that he was with 11 of the 12 Congressmen and Congresswomen needed to pass the much-anticipated GENIUS Act. According to Trump’s post, all 11 members have agreed to vote in favor of the legislation. The GENIUS Act aims to bring more clarity and regulatory oversight into the stablecoin arena in the US. Let’s discuss if the legislation will have a positive impact on Bitcoin (BTC) and the larger cryptocurrency market. Source: Truth Social Can The GENIUS Act Help Bitcoin Hit $140,000? Source: Watcher.Guru The GENIUS Act does not have anything to do with the larger cryptocurrency market. The legislation will deal with uncertainties in the stablecoin industry. While stablecoins are not directly linked to the performance of other crypto assets, the legislation could lead to a general bullish environment. Such a development could help Bitcoin (BTC) and other crypto assets. The GENIUS Act could pave the way for other legislati...