📉 A Look at the Market Today

The entire market is down about 7%, and Bitcoin has fallen below $115,000, reaching lower levels around $112,680, while other major currencies have declined between 6-8% such as Ethereum, Solana, and Dogecoin.

New tensions due to American tariffs on American trade have negatively impacted sentiment, triggering a wave of selling and liquidation trades.

📰 Key Updates on Bitcoin

Strong support at ~ $114,000, and some forecasts suggest the possibility of reaching $133,300 by the end of August if the level holds now.

A massive liquidation record of $863 million for Bitcoin and Ethereum trades was recorded after the sharp drop around $113,547.

The Coinbase Premium index has entered negative territory for the first time since May, reflecting weak demand from the American market.